You are analyzing a common stocks most recent dividend is $1.27 per share, a sustainable growth rate of 2.4 percent, and a current share price of $54.05. Based on the dividend valuation model, what is the cost of equity? Report your answer in decimal form rounded to the fourth decimal place (e.g., 0.1234).

Consider the following information on two stocks, ABC and DEF:

Stock	Expected return	Standard deviation
ABC	0.02	0.03
DEF	0.03	0.04

The correlation of the returns of these stocks is 0. If 30 percent of a portfolio is invested in ABC and the rest in DEF, what is the standard deviation of portfolio returns?

Report your answer in decimal form rounded to the fourth decimal place (e.g., 0.1234).