A diversified portfolio consists of two or more assets

	a.	whose rates of return do not have high positive correlation.
	b.	whose rates of return do not have zero correlation.
	c.	whose rates of return do not have high negative correlation.
	d.	whose rates of return are guaranteed to be positive.
	e.	whose rates of return are guaranteed to be negative.

As opposed to broker markets, dealers typically _____________ within ____________.

	a.	arrange for sales between buyers and sellers; over the counter markets.
	b.	arrange for sales between buyers and sellers; exchanges.
	c.	conduct sales between themselves and others; over the counter markets
	d.	conduct sales between themselves and others; exchanges
	e.	work with the FDIC; their customer deposits

Which type of life insurance serves to build equity or wealth in households?

	a.	renewable term life insurance
	b.	level premium term life insurance
	c.	whole life insurance
	d.	managed care life insurance
	e.	all of the above