1. Eight months ago, Turner purchased 100 shares of Delta Frames stock at a price of $46.50 a share. Delta pays a quarterly dividend of $1.10 a share. Today, Turner sold all of his shares for $49 per share. What is Turner's total capital gain on this investment?
a. $155
b. $375
c. $180
d. $200
e. $250
2. Your portfolio consists of two stocks. You have $2500 in stock A and $7500 in stock B. The returns for stock A have a standard deviation of 20% and the returns for stock B have a standard deviation of 10%. The correlation coefficient between A and B is 0.3. What is your portfolio standard deviation?
a. 9.8%
b. 8.2%
c. 10.2%
d. 6.8%
e. 8.8%