What is the future value of annuity

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1. What is the future value exactly 26 years from today of a deposit of $ 4480 made today into an account that pays interest of 8 % p.a.? ( Round your answer to 2 decimal places)

2. What is the future value of an annuity of $150 per year ( first cash flow occurs one year from today) for 26 years if the interest rate is 2 % p.a.? (Round your answer to 2 decimal places)

3. A stock has an expected return of 15 percent, the risk-free rate is 5.9 percent, and the market risk premium is 7.7 percent. What must the beta of this stock be?

Reference no: EM131884099

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