Stocks a and b each have an expected return of 15%, a standard deviation of 20%, and a beta of 1.2. the returns on the two stocks have a correlation coefficient of +0.6. your portfolio consists of 50% a and 50% b. which of the following statements is correct? a. the portfolio's expected return is 15%.b. the portfolio's standard deviation is greater than 20%.c. the portfolio's beta is greater than 1.2.d. the portfolio's standard deviation is 20%.e. the portfolio's beta is less than 1.2.

You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400