You own a portfolio invested 13.68% in Stock A, 13.75% in Stock B, 25.3% in Stock C, and the remainder in Stock D. The beta of these four stocks are 0.87, 0.65, 0.89, and 1.39. What is the portfolio beta?Note: Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. QUESTION 2 Suppose a stock had an initial price of $81 per share, paid a dividend of $4.1 per share during the year, and had an ending share price of $100.57. What are the percentage returns? Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 3 A portfolio is invested 39.5% in Stock A, 14.9% in Stock B, and the remainder in Stock C. The expected returns are 16.1%, 24.8%, and 22.6% respectively. What is the portfolio's expected returns? Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 12.345% then enter as 12.35 in the answer box. QUESTION 4 Suppose a stock had an initial price of $89.77 per share, paid a dividend of $9.3 per share during the year, and had an ending share price of $80.25. What are the percentage returns if you own 25 shares? Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 5 Based on the following information, calculate the expected returns: Prob Return Recession30% 18.9% Boom 70% 3.7% Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 12.345% then enter as 12.35 in the answer box. QUESTION 6 Calculate the expected returns of your portfolio Stock Invest Exp Ret A $484 9.1% B $929 14.9% C $1,781 26.9% Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 12.345% then enter as 12.35 in the answer box. QUESTION 7 Calculate the expected returns of your portfolio Stock Invest Exp Ret A $151 3.9% B $700 16.6% C $406 23.3% Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 12.345% then enter as 12.35 in the answer box. QUESTION 8 Suppose the returns forStock A for last six years was 4%, 7%, 8%, -2%, 9%, and 7%. Compute the standard deviation of the returns.Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 9 Suppose a stock had an initial price of $79.33 per share, paid a dividend of $6.3 per share during the year, and had an ending share price of $93.78. What are the dollar returns?Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box. QUESTION 10 You have observed the following returns on ABC's stocks over the last five years: 4.7%, 9.2%, -6.9%, 11.9%, -6.2%What is thearithmetic average returns on the stock over this five-year period.Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 11 Suppose a stock had an initial price of $78.98 per share, paid a dividend of $5.3 per share during the year, and had an ending share price of $83.29. What are the percentage returns? Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 12 You own a portfolio invested 27.92% in Stock A, 14.9% in Stock B, 29.85% in Stock C, and the remainder in Stock D. The beta of these four stocks are 1.31, 0.38, 0.23, and 1.47. What is the portfolio beta?Note: Enter your answer rounded off to two decimal points. For example, if your answer is 12.345 then enter as 12.35 in the answer box. QUESTION 13 Suppose a stock had an initial price of $99.26 per share, paid a dividend of $5.8 per share during the year, and had an ending share price of $98.58. If you own 337 shares, what are the dollar returns?Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.For example, if your answer is $12.345 then enter as 12.35 in the answer box. QUESTION 14 Suppose the real rate is 2.5% and the nominal rate is 12.67%. Solve for the inflation rate. Use the Fisher Effect equation.Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.For example, if your answer is 0.12345 then enter as 12.35 in the answer box. QUESTION 15 If markets are efficient, the difference between the instrinsic value and the market value of the comapny's security is: positive negative zero QUESTION 16 Semi-strong-form efficient markets are not weak-form efficient.True False QUESTION 17 A $36,000 portfolio is invested in a risk-free security and two stocks. The beta of stock A is 1.29 while the beta of stock B is 0.90. One-half of the portfolio is invested in the risk-free security. How much is invested in stock A if the beta of the portfolio is 0.58? $6,000 $9,000 $12,000 $15,000 $18,000 QUESTION 18 You own a portfolio of two stocks, A and B. Stock A is valued at $6,540 and has an expected return of 11.2 percent. Stock B has an expected return of 8.1 percent. What is the expected return on the portfolio if the portfolio value is $9,500? 9.58 percent 9.62 percent 9.74 percent 9.97 percent 10.23 percent QUESTION 19 Portfolio diversification eliminates which one of the following? Total investment risk Portfolio risk premium Market risk Unsystematic risk Reward for bearing risk QUESTION 20 Standard deviation measures _____ risk while beta measures _____ risk. systematic; unsystematic unsystematic; systematic total; unsystematic total; systematic asset-specific; market QUESTION 21 What is the beta of the following portfolio? 0.98 1.02 1.11 1.14 1.20 QUESTION 22 What is the beta of the following portfolio? 1.08 1.14 1.17 1.21 1.23 QUESTION 23 The stock of Billingsley United has a beta of 0.92. The market risk premium is 8.4 percent and the risk-free rate is 3.2 percent. What is the expected return on this stock? 8.87 percent 9.69 percent 10.93 percent 11.52 percent 12.01 percent QUESTION 24 The systematic risk is same as: Unique risk Diversifiable risk Asset-specific risk Market risk Unsystematic risk QUESTION 25 You own a portfolio that has $1,900 invested in Stock A and $2,700 invested in Stock B. If the expected returns on these stocks are 9 percent and 15 percent, respectively, what is the expected return on the portfolio? 10.57 percent 11.14 percent 11.96 percent 12.52 percent 13.07 percent