Statement 1: Commercial papers are traded at a discount from its face value. Statement 2: Preferred stock gives its holders the right to convert to common stock. Statement 3: Treasury notes are exempt from federal taxes. Statement 4: Copyright and patents are financial assets, not real assets. Which of the above statements are most likely to be correct and incorrect? Statement 1 is correct, and Statements 2, 3, and 4 are incorrect. Statements 2 and 3 are correct, and Statements 1 and 4 are incorrect. Statements 1 and 3 are correct, and Statements 2 and 4 are incorrect. None of the statements are correct. Your investment has a 40% chance of earning a 15% rate of return, a 50% chance of earning a 10% rate of return, and a 10% chance of losing 3%. What is the standard deviation of this investment? 5.14% 04.14% 7.14% 6.14% You purchased 1,000 shares of XYZ stock on margin at $80 per share with an initial margin of 50%. XYZ stock price suddenly drops to $60 and you received a margin call. You want to partially liquidate your position and repay the loan with the proceeds in order to meet the maintenance margin requirement of 40%. You need to sell at least (rounded up to the nearest whole number). O 163 167 165 169