24 Porter Inc's stock has an expected return of 10.75%, a beta of 1.0, and is in equilibrium. If the risk-free rate is 5.00%, what is the market risk premium?

26 Mulherin's stock has a beta of 1.50, its required return is 8.75%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.)

27 Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $75.50, what is its nominal (not effective) annual rate of return?

40 Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.50% per year. The required rate of return on the stock, rmc052-1.jpg, is 11.50%. What is the stock's expected price 5 years from now?