is not a derivative security a. b. c. d. A share of common stock A call option A futures contract all of the above are derivative securities. 2. portfolio management calls for holding diversified portfolios without spending - effort or resources attempting to improve investment performance through security analysis. a. Active b. Idiotic c. Passive d. none of the above In securities markets, there should be a risk-return trade-off with higher-risk assets having expected returns than lower-risk assets. a. higher b. lower c. the same d. none of the above The average rate of return on common stocks of small firms since 1926 is about a. b, . d. 8% 9% 12% 17%