1.) Calculate the expected rate of return (percent to two places) to your stock which has a beta of 0.5 when the expected rate of the market portfolio will be 8.4% and the risk free rate is 4.3.

2.) How much is the present value of an annuity of $3,000 dollars per year for 22 years, at an annual interest rate of 2.4 percent?

3.) If you deposit $25,000 in a saving account paying 3.7% per year, how much will you have after 23 years under annual compounding?