You have a portfolio of two stocks that has a total value of $30,000. The portfolio is 42 percent invested in Stock J. If you own 195 shares of Stock K, what is Stock K's share price?

$83.28

$89.23

$79.32

$85.17

$81.79

You have $16,000 to invest and would like to create a portfolio with an expected return of 10.4 percent. You can invest in Stock K with an expected return of 9.3 percent and Stock L with an expected return of 12.9 percent. How much will you invest in Stock K?

$6,518.52

$11,111.11

$4,277.78

$4,888.89

$10,185.19

Broke Benjamin Co. has a bond outstanding that makes semiannual payments with a coupon rate of 6.2 percent. The bond sells for $1,020.37 and matures in 18 years. The par value is $1,000. What is the YTM of the bond?

4.51%

3.01%

5.71%

6.01%

5.41%