1. Which one of the following had the greatest volatility for the period 1926-2012?
large-company stocks
a. U.S. Treasury bills
b. long-term government bonds
c. small-company stocks
d. long-term corporate bonds
For the period 1926-2015, long-term government bonds had an average return that ________ the average return on long-term corporate bonds while having a standard deviation that ________ the standard deviation of the long-term corporate bonds.
a. exceeded; was less than
b. exceeded; equaled
c. exceeded; exceeded
d. was less than; exceeded
e. was less than; was less than