QUESTION 11 RATE OF RETURN. You have a retirement portfolio with a current balance of $10,000. You plan to retire 50 years from now. Each MONTH, you plan to invest $100 into the portfolio until you retire. Calculate your rate of return, r, if you desire to have $2 million in your portfolio upon retirement. Remember to annualize your rate of return after calculation. 1.096% 9.59% 13.15% 14.32% None of the above QUESTION 12 How many years, N, will it take for an investment of $25,000 to double in value if the expected rate of retum, r, is 14 percent? 8.2 years 5.3 years 8.5 years 5.0 years QUESTION 13 Which of the following is NOT considered the goal of the firm? Maximization of shareholder wealth Maximization of net profit Maximization of stock price Maximization of the value of the firm QUESTION 14 RISK AND RETURN. Which of the following risk measures is used to measure the risk of a stock relative to that of the market? Beta Coefficient of variation Variance Standard deviation