two parts

Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have an expected return of 15% and a standard deviation of 30%. The returns of the two stocks are independent, so the correlation of their returns is equal to zero. Which of the following statements are true about your 2-stock portfolio? Your portfolio has a standard deviation of 30%, and its expected return is 15%. Your portfolio has a standard deviation less than 30%, and its expected return is less than 15%. Your portfolio has a standard deviation of 30%, and its expected return is less than 15%. Your portfolio has a standard deviation less than 30%, and its expected return is 15%. More than one of the above could be true for this 2-stock portfolio. You are trying to determine the appropriate price to pay for a share of common stock. If you purchase this stock, you plan to hold it for 2 years. One year from today, you expect to receive a dividend of $5.00. Two years from today, you expect to receive a dividend of $5.50. Immediately after receiving the dividend, you sell the stock for $150. The appropriate rate of return for this stock is 15 percent. Select the range that includes the correct price of the stock given the provided information. Round only your final answer. O Greater than or equal to $0, but less than $120 Greater than or equal to $120, but less than $121 O Greater than or equal to $121, but less than $122 Greater than or equal to $122, but less than $123 Greater than or equal to $123