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1.You purchased a share of common stock at $59.00. One year later, after having received a dividend of $2.00, you noted the stock price was

1.You purchased a share of common stock at $59.00. One year later, after having received a dividend of $2.00, you noted the stock price was $66.00. What is your approximate return on this stock for the year?

a.

2.0%

b.

3.4%

c.

8.6%

d.

15.3%

e.

18.6%

2.The stock of Keif Corp has an expected return of 13% and Fireball Corp has an expected return of 20%. If you put 40% of your money in Keif and 60% in Fireball, what is your expected return for your portfolio?

a.

15.9%

b.

17.2%

c.

18.0%

d.

19.1%

e.

52.6%

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