You form a portfolio of stocks. Jerry Stock has an expected return of 10.1%, Bob Stock has an expected return of 11.6%, and Phil Stock has an expected return of 9.7%. If 14% of your portfolio is invested in Jerry Stock, and 16% of your stock is invested in Phil Stock, what is your expected portfolio return? (Enter your response as a percentage with two decimal places, ex: 12.34) Question 7 1 pts Imagine, if you will, a home loan with a monthly payment of $1,581. For the most recent payment, $620 was used to satisfy that month's interest obligation. How much of the payment contributed to principal reduction? 12th National bank offers an account paying 10.3% interest compounded 5 times per year. What is the effective interest rate paid by this account? (Enter your answer as a percentage with two decimal places, ex: 13.21) Question 9 1 pts You purchase a new home for $250,000. If you make a 18% down payment, what will your monthly payment be assuming a loan term of 16 years and a rate of 8%? (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT-123.45) You purchase 25 shares of Apple stock at $93.9 per share. Additionally, you purchase 26 shares of Amazon for $95.6 and 48 shares of Ford for $79.3 each. What is your portfolio weight for Apple? (Enter your response as a percentage with two decimal places, ex: 12.34) Question 11 1 pts Which word best describes the ease with which assets or investments can be converted into cash? Liquidity Agency Efficiency Solvency An investment offers to pay 9,909 to be received in 14 years. What is this worth if you require a 5% return on your investment? (Enter the absolute value of your response to 2 decimal places ex: 123.45) Question 13 1 pts Which ownership form enjoys limited liability? General Partnership Corporation Sole proprietorship Which of these prices offered by a dealer is higher? Bid Ask Question 15 1 pts You invest 1,000 today. If you can earn a 4% return on your investment, what will your balance be in 7 years time? (Enter the absolute value of your response to 2 decimal places ex: 123.45 NOT-123.45)