25. An investor whose primary investing objective is income would be interested in common shares of a company in an industry in the ____ life cycle stage.

_____

1. Emerging
2. Initial growth
3. Rapid growth
4. Mature

28. XYZ stock has an average annual return () of 15% with an annual return standard deviation () of 50%. What loss level can we expect over a two-year investment horizon with a probability of 17%?

_____

1. -35.00%
2. -28.12%
3. -25.05%
4. -40.71%