A- The holding period return (HPR) for a stock that you bought for $92.50, received a dividend that year of $2.50, and sold the stock for $101.00, is:

a. 9.19%

b. 8.42%

c. 11.89%

d. 10.89%

B-

Varying degrees of diversification can be achieved with all of the following strategies except:

a. invest in assets that are as least correlated with each other as possible

b. invest in a group of different assets instead of a single financial asset

c. invest in different assets that react differently to market cycles

d. invest everything in assets of a growing industry