A manager believes his firm will earn a return of 20.30 percent next year. His firm has a beta of 1.36, the expected return on the market is 15.90 percent, and the risk-free rate is 5.90 percent.   Compute the return the firm should earn given its level of risk. (Round your answer to 2 decimal places.)     Required return   %

You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for the project are as follows: Years Cash Flow 0 100 1-10 + 20 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.47. Assuming that the rate of return available on risk-free investments is 5% and that the expected rate of return on the market portfolio is 15%, what is the net present value of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in millions of dollars rounded to 2 decimal places.) Net present value million

The​ risk-free rate is 3.7% and you believe that the​ S&P 500's excess return will be 11​% over the next year. If you invest in a stock with a beta of 1 ​(and a standard deviation of 30​%), what is your best guess as to its expected excess return over the next​ year?       Question content area bottom Part 1 The expected excess return over the next year is enter your response here ​%. ​(Round to two decimal​ places.)

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