1. You have 25 percent of your funds in Stock A with an expected return of 5 percent, 60 percent of your funds in Stock B with an expected return of 7 percent, and the remainder in Bond C with an expected return of 3 percent. Which of the following is the expected return on this collection of investments closest to?

   1. 5.90%

   2. 6.20%

   3. 6.80%

   4. 9.00%

2. In the context of investing, what is a portfolio?

   1. A briefcase full of legal papers

   2. A collection of your personal art work

   3. Any combination of financial assets or investments

   4. A plan for investing as you grow older