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d. 12.05%. 11. Steins Corp. has a beta of 1.7 and a standard deviation of returns of 15%. The return on the market portfolio is

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d. 12.05%. 11. Steins Corp. has a beta of 1.7 and a standard deviation of returns of 15%. The return on the market portfolio is 11.03% and the risk free rate is 3.59%. According to CAPM. what is the required rate of return on Steins' stock? a. 9.05% b. 12.27% c. 14.19% d. 16.24% 12. As part of your pension, you will receive $2,564 at the end of each month for the next 19 years starting next month. If you can invest these funds at an interest rate of 8.3%, compounded monthly, how much is your pension worth today? a. $272,273.09 b. $293,697.78 c. $353,557.05 d. $372,629.12 13. A project you are evaluating has a net present value of $75,666. If the project's initial outlay is $162,224, what is its profitability index? a. 1.31 b. 1.47 c. 1.53 d. 1.62

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