Stock Y has an expected return of 14.84%. Stock Z has an expected return of 5.88%.

The risk-free rate is 2.93%. If an investor has 30% of her portfolio invested in stock

Y, 25% of her portfolio invested in stock Z, and the rest of her portfolion invested in

the risk-free asset, what is the expected return of this investor's portfolio? Round all

intermediate calculations to 6 decimal points. Your final answer should be within

0.05% of the correct answer choice.

7.88%

10.77%

7.24%

5.92%

You have just invested $80,000 in an investment that is expected to generate a

return of 12% per year compounded quarterly. You plan to hold the investment for

20 years. How much do you expect this investment to be worth 20 years from

today? Round all intermediate calculations to 6 decimal points. Your final answer

should be within $100 of the correct answer choice.

$851,271.24

$593.941.45

$144,488 90

$771,703.45