You would like to save up $10,000 in 6 years using an account that yields 7.3% compounded monthly. How much money must you put into the account today? Round your answer to two decimal places (Ex. $0.00)

Over the next year, Rush Valley Corp. stock has a 20% chance of returning -4%, a 50% chance of returning 5%, and a 30% chance of returning 16%. What is Rush Valley Corp.’s expected return? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)

Eren purchased 800 shares of Ackerman Corp. stock at $5.58 per share on 1/1/2016. He sold the shares on 12/31/2016 for $5.03. Ackerman stock has a beta of 1.9. The current risk-free rate of return is 2.7% and the market risk premium is 3.2%. Based on the CAPM, what is the required return on Ackerman Corp. stock? Submit your answer as a percentage and round to two decimal points (Ex. 0.00%).

Answer rating: 100% (QA)

R isk free rate of return 2 7 Market ris... View the full answer