What amount must he invest today to reach this goal

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1. Tony needs to have $25,000 four years from today to purchase a new boat. What amount must he invest today to reach this goal if his investment earns a 12% annual interest rate, with interest compounded quarterly? a. $15,887.95 b. $15,579.17 c. $39,337.98 d. $13,000.00

2. ABC Co has common stock with a beta of 1.46. The expected return on the market is 13.9 percent and the risk-free rate is 3.8 percent. What is the stock's beta?

Reference no: EM131899076

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