1A) Financial intermediaries serve an important role in each of the following ways except for:

	a.	establish consumer protection laws
	b.	reduce the amount of asymmetric information between savers and users of capital
	c.	introduce financial innovations that improve transfer of funds
	d.	match savers and users of capital and promote funds transfer

1B) Which of the following quantitative statistics is most appropriate for describing the total risk of a security or project in isolation (i.e., not in a portfolio context)?

	a.	covariance
	b.	beta
	c.	coefficient of variation
	d.	standard deviation