Which of the following securities generates a return that is closest to a risk$-$free rate of return?

a$.$ Treasury bill

b$.$ Treasury bond

c$.$ Commercial paper

d$.$ Corporate bond

e$.$ Corporate stock

The greater the variability of the possible returns on an investment, the

a$.$ lesser the expected return

b$.$ lower the standard deviation of the investment

c$.$ higher the actual return on the investment

d$.$ riskier the investment

e$.$ lower the beta of the investment

Which of the following statements about beta is correct?

a$.$ Firms with greater systematic risk volatilities than the market have betas that and firms with smaller systematic risk volatilities than the market have betas that are greater than $1\mathrm{.}0.$

b$.$ Firms with greater systematic risk volatilities than the market have betas that are greater that $1\mathrm{.}0,$ and firms with smaller systematic risk volatilities than the market have betas that are than $1\mathrm{.}0.$

c$.$ Firms with greater systematic risk volatilities than the market have betas that are less zero, and firms with smaller systematic risk volatilities than the market have betas that are greater than zero.

d$.$ Firms with greater unsystematic risk volatilities than the market have betas that are less than $1\mathrm{.}0,$ and firms with smaller unsystematic risk volatilities than the market have betas that are greater than $1\mathrm{.}0.$

e$.$ Firms with greater unsystematic risk volatilities than the market have betas that are greater than $1\mathrm{.}0,$ and firms with smaller unsystematic risk volatilities than the market have betas that are less than $1\mathrm{.}0.$

Chapter $13-$ Distribution of Retained Earnings: Dividends and Stock Repurchases

Last week, Grandma's Gardens Inc. split its stock $4-$for$-1.$ Today, Grandma's paid a dividend equal to $$0\mathrm{.}26$ per new $($post$-$split$)$ share. The dividend payment was $4$ percent greater than last year's pre$-$split dividend. What was last year's dividend per share?

a$.$ $$1\mathrm{.}08$

b$.$ $$0\mathrm{.}25$

c$.$ $$1\mathrm{.}04$

d$.$ $$1\mathrm{.}00$

e$.$ $$0\mathrm{.}065$