You earned a $50\%$ percent return on a stock you purchased one year ago. The stock is now worth $$8,$ and he received a dividend of $$1$ during the year. How much did you pay for the stock?

A$.$ $$6\mathrm{.}50$

B$.$ $$5\mathrm{.}50$

C$.$ $$7\mathrm{.}00$

D$.$ $$6\mathrm{.}00$

You bought a stock one year ago for $$25,$ and it is now worth $$31.$ It paid a dividend of $$2\mathrm{.}50$ during the year. What was the stock's rate of return from dividend income during the year?

A$.24\%$

B$.10\%$

C$.26\%$

D$.6\%$

Niles is making an investment with an expected return of $14$ percent. If the standard deviation of the return is $4\mathrm{.}5$ percent, and if Niles is investing $$100,000,$ then what dollar amount is Niles $90$ percent sure that he will have at the end of the year? $($Do not round intermediate computations$).$

A$.$ $$104,597$

B$.$ $$119,402$

C$.$ $$116,500$

D$.$ $$106,598$

If a random variable follows a normal distribution, what is the probability that the random variable is larger than $1\mathrm{.}96$ standard deviations below the mean?

A$.97\mathrm{.}50\%$

B$.98\mathrm{.}75\%$

C$.95\mathrm{.}00\%$

D$.96\mathrm{.}25\%$

Stock A$\text{'}$s returns have a standard deviation of $0\mathrm{.}5,$ and stock B$\text{'}$s returns have standard deviation of $0\mathrm{.}6.$ The correlation coefficient between A and B equals $0\mathrm{.}5.$ What is the variance of a portfolio composed of $30$ percent Stock A and $70$ percent Stock B$?$

A$.0\mathrm{.}5500$

B$.0\mathrm{.}2179$

C$.0\mathrm{.}1549$

D$.0\mathrm{.}2619$

You invested $$3,000$ in a portfolio with an expected return of $8$ percent and $$2,000$ in a portfolio with an expected return of $14$ percent. What is the expected return of the combined portfolio?

A$.10\mathrm{.}0\%$

B$.10\mathrm{.}4\%$

C$.6\mathrm{.}2\%$

D$.12\mathrm{.}4\%$

A portfolio with a level of systematic risk that is the same as that of the market has a beta that is:

A$.$ less than the beta of the risk$-$free asset.

B$.$ less than zero.

C$.0$

D$.1$

XYZ stock has a beta of $1\mathrm{.}5,$ The risk$-$free rate return is $8$ percent. The expected return on the market is $15\%.$ What is an investors expect return of XYZ stock?

A$.18\mathrm{.}5\%$

B$.19\mathrm{.}2\%$

C$.11\mathrm{.}2\%$

D$.24\mathrm{.}0\%$