Question 3 If the expected return on the market is 11 percent and the risk-free rate is 4 percent,What is the expected return for a stock with a beta equal to 1.52? (Round answer to 2 decimal places, e.g. 0.15.) Expected return-? What is the market risk premium for the set of circumstances described? (Round answer to 2 decimal places, e.g. 0.15.) Market risk premium-? Question 1 If you put up $35,000 today in exchange for a 8.00 percent, 18-year annuity, what will the annual cash flow be? Question 2 Tesla Inc. (TSLA) has been growing at a rate of 34% per year in recent years. This same supernormal growth rate is expected to last for another 5 years, during which it will not pay dividend. It will start paying a dividend of $7 a share in 6th year. After this, earnings and dividends are expected to grow at a 4 percent annual rate indefinitely. Investors currently require a rate of return of 11 percent. What should be the current market price per share of its stock?