B6 E A 1. Mrs. Beach wants to invest a lump sum of money today to have $100,000 when she retires at 65 (she is 40 1 today). 2. 3 a. What would Mrs. Beach have to deposit if she were to use high quality corporate bonds an earned an average rate 4 of return of 7%. 5 5 b. What would Mrs. Beach have to deposit if she were to use 6 common stock and earned an average rate of return of 11%. 7 8