6) Which one of the following statements about emeient portfolios is earrect? A) Any efficient portfolio will lie below the minimum variance porttolio when the expected portfolio return is plotted againgt the portfotio standard deviation. B) An efficient portfolio will have the lowest standard deviation of any portfolio consisting of the same two securities. C) Any portfolio mix consisting of only two securities will be an effieient portfolio. D) There is only one efficient portfolio that can be construeted uaing two securities. E) There are multiple efficient portfolios that can be constructed using the same two securities. 7) What is the variance of the expected returns on this stock? 8) According to the concept of loss aversion, individual investors are most apt to do which one of the following? A) sell all stocks after a pre-determined length of time B) sell stocks with losses more frequently than stocks with gains C) sell stocks with gains more frequently than stocks with losses D) hold stocks with gains and sell stocks with losses E) hold all stocks unless they decline more than ten percent in value 9) If the future return on a security is known with absolute certainty, then the risk premium on tha should be equal to: A) zero. B) the risk-free rate. C) the market rate. D) the market rate minus the risk-free rate. E) the risk-free rate plus one-half the market rate