6. Historical records regarding return on stocks, Treasury bonds, and Treasury bills between 1926 and 2015 show that

Select one:

a. stocks offered investors greater rates of return than bonds and bills.

b. stock returns were less volatile than those of bonds and bills.

c. bonds offered investors greater rates of return than stocks and bills.

d. bills outperformed stocks and bonds.

e. Treasury bills always offered a rate of return greater than inflation.

7. Nonsystematic risk is also referred to as

Select one: a. market risk or diversifiable risk. b. firm-specific risk or market risk. c. diversifiable risk or market risk. d. diversifiable risk or unique risk.