Question $32(1$ point$)$

If the toss of a coin comes down heads, you win two dollars. If it comes down tails,

you lose fifty cents. How much would you expect to gain after $24$ tosses $($in $

dollars$)?$ $

Question $33(1$ point$)$

In a year in which corporate bonds offered an average return of $11\%,$ treasury bonds

offered an average return of $6\%,$ common stocks offered an average return of $15\%$

and Treasury bills offered $2\%.$ The market risk premium was:

Question $34(1$ point$)$

You want to construct a portfolio containing equal amounts of U$.$S$.$ Treasury bills,

stock $A,$ and stock $B.$ If the beta of the stock $A$ is $1\mathrm{.}69$ and the beta of the portfolio is

$1\mathrm{.}09,$ what does the beta of stock $B$ have to be$?$