You purchased a share of common stock at $59.00. One year later, after having received a dividend of $2.00, you noted the stock price was $68.00. What is your approximate "return" on this stock for the year? 2.0% 3.4% 8.6% 15.3% 18.6% It is often said that you can reduce your investment risk by creating a portfolio of stocks rather than investing in a single stock. This concept is referred to as diversification. Diversification significantly reduces some component of the total risk (also referred to as diversifiable risk). What is the name of the basic risk concept that we can reduce through diversification? Systematic (market) risk Non-systematic (unique) risk Interest rate risk Labor risk Foreign exchange risk The stock of Keif Corp has an expected return of 15% and Fireball Corp has an expected return of 20%. If you put 40% of your money in Keif and 60% in Fireball, what is your expected return for your portfolio? 15.9% 17.2% 18.0%. 19.1% 52.6%