Answer:
Option C - Is; Is not
Explanation:
The expected return of a portfolio of risky securities __is____ a weighted average of the securities returns. The standard deviation of a portfolio of risky securities __is not__ a weighted average of the securities standard deviations when the correlation is less than 1
Note:
The expected return of a portfolio of risky securities is a weighted average of the securities' returns.
The standard deviation is the square root of the variance which is a weighted sum of the variance of the individual securities and the covariances between securities.
Answer: A transitional figure, Irving somewhat ironically contributed to America's literary independence while producing work that was distinctively European in content and style. Like his contemporary James Fenimore Cooper, Irving proved that Americans could write European literature as well as Europeans could
Explanation:
D.........................................................
