A stock's beta equals $1\mathrm{.}2,$ the risk$-$free rate of return is $1\mathrm{.}5\%$ and the market risk premium is $6\mathrm{.}2\%.$ Calculate the return that should be required on the stock according to the CAPM equation.

$9\mathrm{.}68\%$

$8\mathrm{.}01\%$

$10\mathrm{.}21\%$

$8\mathrm{.}94\%$

none of these

QUESTION $15$

What is the future value of a lump sum of $$34,000$ if it is invested for $18$ years at $6\%?$

$$97,048$

$$88,950$

$$103,982$

$$109,865$

none of these

QUESTION $16$

What is the present value of a $$25,000$ lump sum to be received eleven years from now if the rate is $7\%?$

$$9,542$

$$10,005$

$$10,805$

$$11,877$

none of these