As an investor adds assets to a portfolio, the riskiness of the portfolio decreases unless the assets _____.

		have correlation of zero
		are perfectly negatively correlated
		are perfectly positively correlated
		have correlation less than zero
		None of the above.

If the investors diversify assets in the portfolio, they can eliminate _____ risks.

		firm-specific
		systematic
		non-diversifiable
		market
		None of the above.

The NHL has the highest percentage of Canadian franchises. Most of the Canadian franchise revenue is earned in Canadian dollars, whereas all player contracts be paid in U.S. dollars. As the Canadian dollar _____ relative to the U.S. dollar, a Canadian teams revenue increases while its expenses decrease.

		weakens
		drops
		strengthens
		cuts more interest rate
		None of the above.

Which of the following is NOT true regarding a bonds coupon interest payment?

		A coupon payment is an amount of coupon interest payment on a bond.
		A coupon payment = coupon interest rate x (Face value / # of payments per year).
		A bond has an annual coupon payment and a coupon rate of 10% and the face value is $1,000, the coupon payment amount is $100.
		There are typically one coupon interest payment per year.
		None of the above