2. Currently, Treasury bills are returning 4% and the S&P 500 is returning 9%. You are considering purchasing the stock of Walker Corporation. Based on recent historical data, the firm has a beta of 0.9. Based on this, what is your required return?

4. Last year, you purchased a stock for $31 and then sold it for $66 at the end of the year. If the stock paid a dividend of $5 during the year, what was your realized return? (Make sure to state your answer as a %. For example, 44.58% should be entered as 44.58 not .04458.)

5. A firm typically finances with 50% common stock, 40% debt, and the remainder of its financing with preferred stock. You have estimated that the firm has an after-tax cost of common stock of 12%, an after-tax cost of preferred stock of 5%, and an after-tax cost of debt of 4%. Estimate the WACC for this firm

8. Find the average quarterly return for the investment below.

Quarter End	Return
Mar 2018	4%
June 2018	8%
Sept 2018	-7%
Dec 2018	7%