1. Jessica bought a stock at a price of $11.50. She received three quarterly dividends of $0.75 per share each quarter and sold the stock for $12.50. What is Jessica's current income on this investment?
a.$2.25
b.$3.00
c. $1.00
d. $0.75
2. The U.S. Treasury Bills are yielding 1.5%. What would be the expected return of a stock with beta of 1.91, if S&P 500 is expected to provide a return of 8.75%?
a.13.3%.
b. 15.4%.
c. 8.2%.
d. 12.9%.