A firm's beta is $1\mathrm{.}29$ and the return on a broad market index $($the S&P $500)$ is $8\mathrm{.}3\%.$ If the rate of return on treasury bills is $1\mathrm{.}1\%,$ what does the CAPM imply should be the required return on the stock?

$8\mathrm{.}69\%$

$10\mathrm{.}01\%$

$9\mathrm{.}64\%$

$10\mathrm{.}39\%$

none of the above

QUESTION $14$

What is the present value of a lump sum of $$45,000$ received in year $40$ if the rate is $6\%,$ compounded quarterly?

$$1,893$

$$4,156$

$$3,219$

$$2,694$

none of the above

QUESTION $15$

$5$ points

A sum of $$20,000$ will be worth $$31,000$ at the end of $11$ years. What rate is being earned?

$6\mathrm{.}31\%$

$4\mathrm{.}48\%$

$5\mathrm{.}31\%$

$8\mathrm{.}41\%$

none of the above