1.Walter Inc is expect too pay a $1.50 dividend at the end of this year. If you expect Walter's dividend to grow by 6% per year forever and its equity cost of capital is 15%, then the value of a share if walter's stock is ?

2.Suppose you invest $3,000 in Merck stock and $5000 in Home Depot stock. You expect a return of 15% for Merck and 12% for Home Depot. What is the expected return on your portfolio?

3.Suppose an investment is equally likely to have a 33% return or a -9% return. The volatility on the return for this investment is _______% ?