QUESTION 9 If we assume a perpetuity pays $2.5 per year forever. What would the perpetuity be worth if the required rate of return is 5%? $200 $50 $100 $1,000

QUESTION 10 Which of the following statements about an ETF portfolio is true? The expected return of an ETF portfolio is the weighted average of the expected returns of all individual ETFs in the portfolio. The standard deviation of an ETF portfolio is not the weighted average of the standard deviations of all individual ETFs in the portfolio. The beta value of an ETF Portfolio is the weighted average of the beta values of all individual ETFs in the portfolio. All of the above statements are true.

11. Generally, the change in the risk aversion level of investors is likely to affect the required rate of return on a stock. The increase in in the risk aversion level will likely have a positive impact on the stock's price. True False

12. How long will it take to double the investments if we assume the annual investment return is 5.0%? 8.8 years 11.9 years 11.6 years 14.2 years