QUESTION 1 When you invest in stocks you O a. pay dividends. b. sell equity for liquidity. c. buy a share of a corporation. d. a. and b. O e. a., b., and c. 6 QUESTION 2 Franco purchased Apple Stock at 130 per share and sold it for 145 one year later. The stock also paid a dividend of $2.56 per share. What is Franco's total return on investment? O 11.5% 12.5 % 13.5 % QUESTION 3 The purpose of diversification is to O a. spread investment risk. O b. increase standard deviation. c. reduce economic risk. O d. a. and b. O e. a. and c. QUESTION 4 All the following are examples of asset classes EXCEPT O a. wills and trusts. O b. commodities and derivatives. O c. stocks and bonds. O d. art and collectibles. O e. real estate and mortgages