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Author Question: Entertainer's Aid plans five annual colossal concerts, each in a different nation's capital. The ... (Read 47 times)

maegan_martin

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Entertainer's Aid plans five annual colossal concerts, each in a different nation's capital. The concerts will raise funds for an endowment which would provide the World Wide Hunger Fund with 3,000,000 per year into perpetuity.
 
  The endowment will be given at the end of the fifth year. The rate of interest is expected to be 9 percent in all future periods. How much must Entertainer's Aid deposit each year to accumulate to the required amount?
  A) 5,569,749
  B) 3,333,333
  C) 1,830,275
  D) 8,568,980

Question 2

What is the expected return for Asset X if it has a beta of 1.5, the expected market return is 15 percent, and the expected risk-free rate is 5 percent?
 
  A) 5.0
  B) 7.5
  C) 15.0
  D) 20.0



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lin77x

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Answer to Question 1

A

Answer to Question 2

D




maegan_martin

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Reply 2 on: Jul 10, 2018
:D TYSM


okolip

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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