21. you invest $100 in a risky asset with an expected rate of return of 12% and a standard deviation of 15%. You also invest in a T-bill with a rate of return of 5%. The slope of the Capital Allocation Line (Sharpe ratio) formed with the risky asset and the risk-free asset is equal to

1. A) 0.4667

2. B) 0.8000

3. C) 2.14

4. D) 0.41667

5. E) Cannot be determined.

22. The Dow Jones Industrial Average in a Price weighted index consisting of 30 stocks. Its current level is about 29,000. Assume the divisor is 0.14. Also assume that on a given day, each of the 30 stocks in the index increases in value by $1. By how much would the index level increase that day (to the closest whole number)?

a. 1 b. 7 c. 30

d. 214

e. 135

PLEASE GIVE EXPLANATION