A firm has common stock of $83, paid-in surplus of $190, total liabilities of $375, current assets of $320, and fixed assets of $530. What is the amount of the shareholders' equity?

--

You have $30,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 7 percent.

If your goal is to create a portfolio with an expected return of 11.5 percent, how much money will you invest in Stock X? Stock Y?

--

		Rate of Return if State Occurs
State of Economy	Probability of State of Economy	Stock A	Stock B
Recession	0.20	0.05	-0.18
Normal	0.60	0.07	0.12
Boom	0.20	0.14	0.31
Calculate the expected return for Stock A. Calculate the expected return for Stock B. Calculate the standard deviation for Stock A. Calculate the standard deviation for Stock B.