Treasury bills are virually (1)_____))), so the T-bill rate is often called the (2)_______. The difference between the rate of return for risky investment and the return on T-bills is the (3) (or (4)______________) for risky asset.

An investors portfolio is the (5)____ the investor owns. The percentages of a portfolios total value invested in each assets are the (6)_____.

The variance and standard deviation of a portfolio 6. (are/are not) equal to weighted averageres of the corresponding characteristics of the individual securities. For most portfolios, the standard deviation is generally 7. (greater than/less than/equal to) the weighted average of the standard deviations of the securities in the portfolio.