1. ABC Corporations bonds have a $1,000 par value, a 13% semiannual coupon, 14 years to maturity, and an 8% YTM. What is the bonds price?

2. PORTFOLIO BETA An individual has $45,000 invested in a stock with a beta of 0.8 and another $50,000 invested in a stock with a beta of 1.5. If these are the only two investments in her portfolio, what is her portfolio's beta? Do NOT round intermediary calculations. Round to TWO decimal places.

3. REQUIRED RATE OF RETURN Assumes that the risk-free rate is 5% and the required return on the market is 14%. What is the required rate of return on a stock with a beta of 0.6? Round to ONE decimal place.