3. List bond-like and equity-like features of a preferred stock. (2) 4. You are considering investing in one of these three stocks: Stock Standard Deviation Beta A 20% 0.59 B 10% 0.61 12% 1.29 If you are a strict risk minimizer, you would choose Stock if it is to be held in isolation and Stock if it is to be held as part of a well-diversified portfolio. (2)