1. Which of the following is likely to be associated with the highest level of risk?

A) US Treasury bills

B) Long-term corporate bonds

C) Long-term government bonds

D) Common stock of the largest companies in the US

E) Common stock of the smallest companies listed on NYSE

2. A stock had returns of 11 percent, -18 percent, -21 percent, 20 percent, and 34 percent over the past five years. What is the standard deviation of these returns?

A) 23.49 percent

B) 24.01 percent

C) 20.21 percent

D) 18.74 percent

E) 20.68 percent