1. If the current stock price is $73.20, what would be the time value of a call option with an exercise price of 70 and a current call premium (i.e., the call price) of 5.25? 0 $2.05 $3.20 $5.25 $7.30 $8.45
2. An individual has $25,000 invested in a stock with a beta of 0.6 and another $60,000 invested in a stock with a beta of 2.5. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.