Question: 3) How much does Asher need to put into the bank today (to nearest cent) to end up with $1,278 exactly 11 years later? The

3) How much does Asher need to put into the bank today (to nearest cent) to end up with $1,278 exactly 11 years later? The bank pays 4.1% interest.

4) Ashland Inc. stock has a beta of 1.4. If the expected rate of the market portfolio is 12.8% and the risk free rate is 5.2%, what is the expected return of Ashland Inc. stock as a percent to two places (to the right of the decimal point)?

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