Consider the Following Statements When Answering This Question; I

question 36

Multiple Choice

Consider the following statements when answering this question; I. The variance of the returns of an investor's portfolio can be reduced by selling assets from the portfolio, and investing the proceeds in other assets where returns are positively correlated with the portfolio's remaining assets.
II) The value of complete information is always positive.

• A) I and II are true.
• B) I is true and II is false.
• C) I is false and II is true.
• D) I and II are false.

---

Definitions:

Melatonin

A hormone that aids regulation of circadian rhythms; bright light reduces production and darkness increases production.

Melatonin

A hormone produced by the pineal gland that regulates sleep and wakefulness, often associated with the body's circadian rhythms.

Slow-Wave Sleep

Stages 3 and 4 of deep sleep, where a person is substantially less conscious and is hard to awaken; EEGs reveal large, regular delta waves.

Beta Waves

A type of brain wave pattern associated with active, alert consciousness and cognitive processing.