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)? $_________.