Kinaxis and Kinross shares have the following four-year historical returns:

If you had $10,000 to invest in one or both of these stocks, you would

a) Invest only in Kinaxis stock because it has a higher average return and lower risk

b)Invest in both stocks to benefit from the diversification effect

c)Invest in both stocks in equal proportions to maximize the diversification effect

d)Invest only in Kinross shares as they have a higher return potential

Anne Kinaxis Kinross 1 8.2 % 15 % 2 -4.72 % 3.15 % 3 21.65 % 33.19 % 4 24.32 % -8.94 %