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The total market value of the common stock of the Okefenokee Real Estate Comparty is $13.5 million, and the total value of ts debr is

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The total market value of the common stock of the Okefenokee Real Estate Comparty is $13.5 million, and the total value of ts debr is $8,5 mililion. The treasurer estimates that the beta of the stock is currently 18 and that the expected risk peemium on the market is 91 . The Teeasury bill rate is 4%. Assume for simplicity that Okefenokee debt is risk-free and the company does not pay tax. a. What is the required return on Okefenokee stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. Estimate the company cost of capital. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2. decimal places.) c. What is the discount rate for an expansion of the componys present business? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) d. Suppose the company wants to diversify into the manufacture of rose-colored spectacles. The beta of unieveraged opecal manufocturers is 1.15, Estimate the required return on Okefenokee's new venture. (Do not round intermediate calculaticns, Enter your answer as a percent rounded to 2 decimal places.) The following table shows estimates of the risk of two well-known Canadian stocks: a. What proportion of each stock's risk was market risk, and what proportion was specific rak? b. What is the variance of the returns for Sun Life Financial stock? What is the specific variance? c. What is the confidence interval on Loblaw's beta? d. If the CAPM is correct, what is the expected return on Sun Life? Assume a risk-tree interest rate of 4 , and an expected maket return of 13%. e. Suppose that next year, the market provides a 18% return, Knowing this, what return would you expect from Sun tife? Complete this question by entering your answers in the tabs helow. What proportion of each stock's risk was market risk, and what proportion was specilic risk? (Do not round intermediate calculations. Enter your answers as a percent rounded to the nearest whole number)

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