How do I solve them Question 1

The reserve requirement is 0 percent on the first $8 million in transaction deposits, 3 percent on amounts between $8 million and $50 million, and 10 percent on amounts above $50 million. A bank with transaction deposits totaling $83 million has required reserves equal to

		$2.49 million.
		$4.56 million.
		$6.54 million.
		$8.30 million.

Use the capital-asset pricing model to predict the return next year of a stock with a beta of 0.5, if you expect the return to holding stocks to be 8 percent on average, and the interest rate on three-month T-bills will be 3 percent. What is the expected return to this stock?

		2.5 percent
		3.5 percent
		5.5 percent
		7.0 percent