After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. You expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t=6) and $15,000 annually for the following 6 years (t = 7 through t= 12). The first deposit will be made a year from today. In addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). If the account earns 9% compounded annually, how much will you have when you start your business 12 years from now? a. $269,003 O b. $286,936 O c. $292,914 O d.$310,848 e. $298,892 A Moving to the next question prevents changes to this answer. Question 32 of 63 Suppose you inherited $1,135,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20 years? O a. $87,029.07 O b. $108,786.34 O c. $82,677.62 O d.$126,192.16 O e. $93,556.25 A Moving to the next question a ssume that you manage a $10.00 million mutual fund that has a beta of 1.05 and a 9.50% required return. The risk-free rate is 2.00%. You now receive another $14.50 million, which you invest in stocks with an average beta of 0.65. What is the required rate of return on the new portfolio? Flint: You must first find the market risk premium, then find the new portfolio beta.) Do not round your intermediate calculations. O a. 7.82% b.7.31% O c. 6.56% O d.6.31% O e. 8.01% Moving to the next question prevents changes to this answer. Question 34 of 63