Question: 23. You would like to save up for a new car in 5 years. You deposit $15,000 into he available to spend in 5 years?
23. You would like to save up for a new car in 5 years. You deposit $15,000 into he available to spend in 5 years? savings account today. If the account earns 10.11% annually, how much will you have a. $13,504.39 b. $17,083.8 c. $20,177.05 d. $24,278.68 24. You would like to save up $4,000 in 10 years using an account that yields 8% compounded monthly. How much money must you put into the account today? a. $886.09 b. $1,135.1 C. $1,589.64 d. $1,802.09 25. If the beta of a stock is less than one, then according to the CAPM a. the stock's required return is equal to the risk-free rate ofreturn. b. the stock's required return is equal to the required return on the market portfolio. c. the stock's required return is less than the required return on the market portfolio. d. the stock's required return is greater than the required return on the market portfolio
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