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analysis out using at least 4 decimal places of accuracy. The return on shares of Fast Transportation Company (FTC) is predicted under the following

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analysis out using at least 4 decimal places of accuracy. The return on shares of Fast Transportation Company (FTC) is predicted under the following various economic conditions: Recession -0.01 Normal +0.07 Boom +0.19 Analysts estimate the probability of recession at .40, the probability of normal conditions at 0.20, and the probability of an economic boom at 0.40. What is the expected return of the stock? Work your analysis out using at least four decimal places of accuracy, and place your answer in decimal form with four decimal points. That is, an answer of fifteen and two-thirds pwould be inputted as .1567. Manheart has developed a project that requires an immediate investment of $290. The project's long-term cash flows are $70 for 7 consecutive years beginning in one year. If the project has a required rate of return of 6%, what is the project's NPV. Project NPV: $ Place your answer in dollars and cents. Do NOT include a dollar sign or a comma in your NPV. For example, an answer of ten thousand should be placed as 10000. If applicable, indicate negative amounts with a minus sign in front of the number. Work your analysis using at least 4 decimal places of accuracy. Financial analysts have estimated the returns on shares of the Goldday Corporation and the overall market portfolio under two economic states nature as follows. For Goldday the state dependent returns are -0.02 in recession, and 0.10 in an economic boom. For the market the state dependent returns are -0.08 in recession, and 0.14 in boom. The analyst estimates that the probability of a recession is 0.50 while the probability of an economic boom is 0.50. Compute the beta of Goldday. * State your answer in decimal form, working your analysis using at least four decimal places of accuracy.

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