1. You have a portfolio of two stocks held in equal weights. The ABC has a beta of 1.5, and the XYZ stock has a beta of -0.2. The risk free rate is 5% and the market risk premium is 7%. What is the return on the portfolio?
2. The most important areas of personal finance for a family five years prior to their retirement.
3. ABC ended the year with inventory of 892,000. During the year, the firm purchased 5,022,000 of new inventory and the cost of goods sold reported on the income statement was 5,277,000. What was ABC's inventory at the beginning of the year?