Question: troy.instructure.com Question 6 1 pts Starting next year, you need $20,000 annually for four years to complete medical school. (One year from today, you will
troy.instructure.com Question 6 1 pts Starting next year, you need $20,000 annually for four years to complete medical school. (One year from today, you will withdraw the first $20,000.) Your parents deposit an amount today in an investment paying 8.5% annual interest, which will provide the needed $20,000 disbursements. How large must their deposit be? Round your answer to two decimal places. Do not use ANY symbols other than a decimal (e.g., dollar signs, commas, percent signs, etc.). For example, if your answer is $7,564.2512, you should input the following for your answer: 7564.25 Question 7 1 pts Assume that the risk-free rate is 4% and the required return on the market is 9%, what is the required return on a stock with a beta of 0.55? Round your answer to two decimal places. For example, if your answer is 17.556, you should enter the following: 17.56 MacBook
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