9. A bond has an average return of 5.9 percent and a standard deviation of 2.1 percent. would you expect to see 68 percent of the time on this security? A. -3.8 percent to 8.0 percent B. -1.7 percent to 10.1 percent C. 1.7 percent to 10.1 percent D. 3.8 percent to 8.0 percent E. 3.9 percent to 10.1 percent What range of returs 10. Which of the following risks would be classified as a nonsystematic risk for an auto manufacturer? A. Interest rates B. Steel prices C. Business cycles D. GDP growth rate E. Inflation 11. Diversifying a portfolio across various sectors and industries will tend to: A. increase the required risk premium. B. reduce the beta of the portfolio to zero. C. increase the security's risk premium. D. eliminate the market risk. E. reduce the firm-specific risk. 12. Most of the beneficial effects of diversification will have been received by the time a portfolio of common stocks contains stocks A. 2 B. 5 C. 20 D. 50 E. 100