1) Jill purchased a share one year ago for $8.27, and it is now worth $14.48. The share paid a dividend of $1.20 during the year. What was the share's rate of return from capital appreciation during the year? (as a percentage to the nearest two decimal points. don't use % sign. eg 2.881% is 2.88)

2) You think that your chance of getting a well-paid job in an investment bank is about 5 per cent. If you get the job you will have a starting salary of $81,000 per year. However, if you don't make the cut then you will work at a fast food outlet for $40,000 per year. What is your expected starting salary? (to the nearest dollar)

Select one:

a. $42050

b. $78950

c. $81000

d. $40000