Owning common stock in a corporation means you are a lender to the company means you are a part owner of the company is the same as owning convertible bonds of the company is the same as owning preferred stock of the company none of the above For a particular common stock, you believe that r = 20%, g = 10%, and that the assumptions underlying the constant dividend growth model are applicable to this company. Your estimate of the intrinsic value of a share of this stock must be > $10 must = $10 must be 0. A portfolio consisting of these two stocks will have no benefits from diversification will have a portfolio standard deviation greater than the weighted average of the two individual standard deviations will have a portfolio standard deviation less than the weighted average of the two individual standard deviations all of the above are possible none of the above Sufficient diversification, assuming stocks are not perfectly positively correlated, can eliminate most market risk systematic risk non-diversifiable risk all of the above none of the above Last year the annual return on stock A was 10%, on stock B was 12%, and on stock C was 14%. invested 25% of your money in A, 25% in B, and 50% in Last year the annual return on your stock portfolio was 10% 12% 14% 12.5% none of the above