1- Why is it important to diversify risk when doing investments? Give opinion. 2- What information can be obtained when calculating the standard deviation? 3- The past four monthly returns for Stace Company are 2.85%, -1.20%, 4.25%, and 0.89%. What is the average monthly return? 4- Give descriptions of 5 risk identification techniques and give an opinion on how each technique may be used in risk management. 5- What are the 7 steps of the risk management process?

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