If the risk-free rate of return is 3 percent and the market risk premium is 6 percent, what is the expected return on a stock with a beta of 1.8?
A. 8.40%
B. 10.80%
C. 13.80%
D. 19.20%
2. Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment that pays 12 percent annually. How much money will he have at the end of the six years?
A. $21,000
B. $24,670
C. $26,124
D. $28,403