Suppose that you purchased 300 shares of a stock at $36 per share, ignoring all commissions. Assume the stock paid a dividend of $2.15 per share for the year. The stock price rose to $41.05 per share and was then sold at that price. What was thetotalamount of dividends received?

Using the following, what's the expected return for the portfolio?

Portfolio

Stock A

Value: 5,000

Expected Return: 14 percent

Stock B

Value: 3,000

Expected Return: 25 percent