9. The standard deviation of annual returns for Stock #1 is 76% and for Stock #2 is 40%. The correlation of Stock #1's returns to Stock #2's returns is +1. If you buy $40 worth of Stock #1, how much worth of Stock #2 must you trade in order to created a hedged portfolio of the two stocks? If you want buy Stock #2, make it a positive number and if you want to short-sell Stock #2, type a negative number. Round to the nearest dollar (but, as always, don't type the dollar sign).

11. The standard deviation of annual returns for Stock Y is 39%. The standard deviation of annual returns for Stock Z is 62%. The correlation between the two stocks' returns is +1. If you decide to buy $3900 worth of Stock Z, figure out how much of Stock Y you need to buy or sell in order to create a net-short hedge portfolio. Then, for your answer, type the initial value of the portfolio. Since the portfolio is net-short, type your answer as a negative number.