A project has a beta of 1.13, the risk-free rate is 3.8%, and the market risk premium is 5.3%. The project's expected rate of return is _____%.

You want to construct a portfolio containing equal amounts of U.S. Treasury bills, stock A, and stock B. If the beta of the stock A is 1.32 and the beta of the portfolio is 0.91, what does the beta of stock B have to be?

Suppose you purchased a stock a year ago. Today, you receive a dividend of $10 and you sell the stock for $126. If your return was 14%, at what price did you buy the stock? $________.

In a year in which corporate bonds offered an average return of 10%, treasury bonds offered an average return of 6%, common stocks offered an average return of 17% and Treasury bills offered 2%. The market risk premium was: ______%.

After learning the course, you divide your portfolio into three equal parts (i.e., equal market value weights), with one part in Treasury bills, one part in a market index, and one part in a mutual fund with beta of 1.18. What is the beta of your overall portfolio?

If a stock consistently goes down (up) by 1.55% when the market portfolio goes down (up) by 1.15%, then its beta equals:

ABC common stock is expected to have extraordinary growth in earnings and dividends of 26% per year for 2 years, after which the growth rate will settle into a constant 7%. If the discount rate is 17% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)? $_________.

The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 19 years and has a $1,000 face value. Currently, the bond sells at $953. The yield to maturity (YTM) is ________%.

If the toss of a coin comes down heads, you win two dollars. If it comes down tails, you lose fifty cents. How much would you expect to gain after 22 tosses (in $ dollars)? $______.

You have just retired with savings of $9 million. If you expect to live for 60 years and to earn 14% a year on your savings, how much can you afford to spend each year (in $ dollars)? $_______. (Assume that you spend the money at the start of each year.)