1) Calculate the Holding Period Return: (please show your calculation with brief explanation)

You invested to one of investment $45 per year last year. This year is worth $54 per share. Company also pay dividend $15 per share. What is the total return over the past year.

2) Calculate the expected rate of return: Please show your clear calculation and brief explanaiton.

You are holding four portfolios. It has different expected rate of return and risk level of %. What is your expected return of your three investment?

Investment Expected Return % Risk Level %

A 15% 14%

B 13% 12%

C 10% 15%

D 17% 15%