1. If a portfolio had a return of 21%, the risk free asset return was 3%, and the standard deviation of the portfolio's excess returns was 34%, the risk premium would be _____. A. 31% B. 18% C. 49% D. 12% E. 29%

2. If a portfolio had a return of 12%, the risk free asset return was 4%, and the standard deviation of the portfolio's excess returns was 25%, the Sharpe measure would be _____. A. 0.12 B. 0.04 C. 0.32 D. 0.16 E. 0.25