12. You have a portfolio consisting solely of stock A and stock B. The portfolio has an expected return of 10.2 percent. Stock A has an expected return stock B is expected to return 7 percent. What is the portfolio weight of stock A? (Hint of 12 percent while the portfolio weights sum up to 1) a. 46 percent b. 54 percent c. 58 percent d. 64 percent e. 74 percent 13 The common stock of Flavorful Teas has an expected return of 14.4 percent. The return on the market is 10 percent and the risk-free rate of return is 3.5 percent. What is the beta of this stock? a. .65 b. 1.09 c. 1.32 d. 1.44 e. 1.68 14. The expected return on HiLo stock is 13.69 percent while the expected return on the market is 11.5 percent. The beta of HiLo is 1.3. What is the market risk premium? a. 8.7 percent b. 8.4 percent c. 7.8 percent d. 7.3 percent e. 7.0 percent Phil's Carvings, Inc. wants to have a weighted average cost of capital of 9 percent. The firm has an after-tax cost of debt of 5 percent and a cost of equity of 11 percent. What debt-equity ratio is needed for the firm to achieve their targeted weighted average cost of capital? 15. a. .33 b. 40 C. .50 d. .60 e. .67 the following information for 16-22 Given the following information for Huntington Power Co