6. Ken Howard has a two-stock portfolio consisting of Acton Inc. and Boron Corp. Assume the following conditions exist.

Return on the market......................... 13%

3-month Treasury bill rate................. 6%

Acton's beta....................................... 1.15

Boron's beta....................................... 1.40

Market value of Ken's investment in Acton........... $125,000

Market value of Ken's investment in Boron........... $250,000

Total value of Ken's portfolio.............$375,000

What is Ken's required rate of return for the overall portfolio?

a. 15.24%

b. 14.93%

c. 23.12%

d. 20.90%

...please: I need all the formulas, process step by step and calculations detailed

9.A project has the following cash flows:

----0 ----------------1---------------------2--------------------3-----

$500-------------$100-----------------$200--------------$250

What is the project's NPV if the interest rate is $6%?

please: I need all the formulas, process step by step and calculations detailed

16.Mae Chen, manager of Chen Fabrics, is comparing two assumptions about the terminal cash flow arising from an expansion project. The Year 7 cash flow is $250,000. One assumption is that subsequent cash flows are constant. An equally valid assumption is that subsequent cash flows will grow at a four percent rate. If Chen Fabrics' cost of capital is 11 percent, what is the difference in the calculation of the project's terminal value?

a. Under $25,000

b. Between $250,000 and $500,000

c. Between $500,001 and $1,000,000

d. Over 1,000,000

please: I need all the formulas, process step by step and calculations detailed