Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1. Dothan Inc.\'s stock has a 25% chance of producing a 17% return, a 50% chance

ID: 2646983 • Letter: 1

Question

1. Dothan Inc.'s stock has a 25% chance of producing a 17% return, a 50% chance of producing a 12% return, and a 25% chance of producing a -18% return. What is the firm's expected rate of return?

5.81%

5.75%

6.27%

4.43%

Stock

Investment

Beta

A

$50,000

0.80

B

$50,000

0.80

C

$50,000

1.00

D

$50,000

1.20

Total

$200,000

0.817

1.083

0.798

0.732

0.950

5.81%

5.75%

6.27%

4.43%

4.72%

2. Jim Angel holds a $200,000 portfolio consisting of the following stocks:

Stock

Investment

Beta

A

$50,000

0.80

B

$50,000

0.80

C

$50,000

1.00

D

$50,000

1.20

Total

$200,000


What is the portfolio's beta?

0.817

1.083

0.798

0.732

0.950

Explanation / Answer

true answer is 1)B 2)D