5) Suppose you are the money manager of a $4.92 million investment fund. The fund consists of four stocks with the following investments and betas:

Stock	Investment	Beta
A	$ 320,000	1.50
B	500,000	(0.50)
C	1,500,000	1.25
D	2,600,000	0.75

If the market's required rate of return is 9% and the risk-free rate is 7%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places.

7)

You have been managing a $5 million portfolio that has a beta of 1.75 and a required rate of return of 11%. The current risk-free rate is 4.50%. Assume that you receive another $500,000. If you invest the money in a stock with a beta of 1.60, what will be the required return on your $5.5 million portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

8) Weston Corporation just paid a dividend of $3 a share (i.e., D0 = $3). The dividend is expected to grow 7% a year for the next 3 years and then at 3% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to two decimal places.

D1 = $ D2 = $ D3 = $ D4 = $ D5 = $