The major parts of the stockholders' equity section of the balance sheet are
a) paid-in capital and retained earnings.
b) authorized stock and preferred stock.
c) stock and retained earnings.
d) stock, paid-in capital, and retained earnings.

Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii