Aquaman Stock has exhibited a standard deviation in stock returns of 0.7, whereas Green Lantern Stock has exhibited a standard deviation of 0.8. The correlation coefficient between the stock returns is 0.1. What is the standard deviation of a portfolio composed of 70 percent Aquaman and 30 percent Green Lantern?

A contractor started a foundation for a new dwelling, but the owner was not satisfied with his work and paid him off. Three weeks later, the owner got a construction loan secured by a trust deed, which was recorded. The owner proceeded to hire another contractor to build his home, and when the building was finally completed, a paint- ing subcontractor filed a mechanic's lien against the property. What is the result in this case?

A. The trust deed takes priority over the mechanic's lien. B. The mechanic's lien will take priority because a mechanic's lien always takes priority over a trust deed. C. The subcontractor will not be able to file against the property but will be able to file a lien against the contractor's property. D. The mechanic's lien will take priority over the trust deed because some work was done before the trust deed was recorded.

Transfer warranties would be applicable to which of the following placements of a negotiable instrument?

A) indorsement B) issuance C) presentment D) accommodation