Question 15 Bonds rated B have a 35% chance of default in five years. Bonds rated CCC have a 65% chance of default in five years. A portfolio consists of 25% B-rated and 75% CCC-rated bonds. If a randomly selected bond defaults in a five-year period, what is the probability that it was a B-rated bond? O 0.152 O 0.253 1 pts 0.425 Question 16 1 pts In which of the following situations would you get the largest reduction in risk by spreading your investment across two stocks? O The return values of the two stocks have a correlation value of -1.0. O The return values of the two stocks have a correlation value of 1.0. O The return values of the two stocks have a correlation value of 0.0