1 (2 points) The S&P 500 index delivered a return of 20%, -10%, 25%, and 5% over four successive years. What is the arithmetic average annual return per year? Question 1 options: A) 12% B) 15% C) 10% D) 11% Save Question 2 (2 points) Suppose you invested $98 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.47 today and then you sold it for $99. What was your dividend yield and capital gains yield on the investment? Question 2 options: A) 0.45%, 1.09% B) 0.47%, 1.02% C) 0.47%, 1.08% D) 1.02%, 1.12% Save Question 3 (2 points) The standard deviation of returns of: I.small capitalization stocks is higher than that of large capitalization stocks. II.large capitalization stocks is lower than that of corporate bonds. III.corporate bonds is higher than that of Treasury bills. Which statement is true? Question 3 options: A) I and III B) I, II, and III C) I and II D) I only Save Question 4 (2 points) If returns on stock A are more volatile than the returns on stock B, the geometric average return of stock A is ________ the geometric average return of stock B when their arithmetic average return is the same. Question 4 options: A) the same as B) higher than C) lower than D) cannot say for sure Save Question 5 (2 points) Which of the following investments offered the lowest overall return over the past eighty years? Question 5 options: A) small stocks B) Treasury bills C) S&P 500 D) corporate bonds Save