QUESTION 5 "Estimate a stock's beta based on the following return information: Month 1: Stock +1.5%, Market + 1.1%; Month 2: Stock + 2.0%, Market + 1.4%; Month 3: Stock - 2.5%, Market - 2.0%." Greater than 1.0 Less than 1.0 Equal to 1.0 Indeterminate QUESTION 6 You are considering buying a stock that will pay a dividend of $2.3 next year. The dividend is expected to grow at 5.6% per year forever. The interest rate is 10.6%. What is the price of this stock today (in $ dollars)? $ QUESTION 7 Sue purchased a stock for $45 a share, held it for one year, received a $2.34 dividend, and sold the stock for $46.45. What nominal rate of return did she earn? % QUESTION 8 You want to retire in 25 years. You currently have $200,000 saved and you believe you need $1,200,000 at retirement. What annual interest rate will you need to earn to meet your goal? %