Which Sentences in the Text Below Should Be Combined to Avoid

question 9

Multiple Choice

Which sentences in the text below should be combined to avoid choppiness?
¹ Libraries have had to evolve with the digital age.²Although people still read books, they also spend much of their time on the Internet.³Thus, libraries need to offer computer terminals for conducting research.⁴They also need to offer e-books.⁵Librarians are now called information specialists, and they help patrons navigate the vast resources of the Web.⁶It seems clear that libraries will continue to play an important role in our technologically driven society.

• A) Sentences 2 and 3
• B) Sentences 3 and 4
• C) Sentences 4 and 5
• D) Sentences 5 and 6

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Definitions:

Market Portfolio

A theoretical portfolio that contains every asset in the market, weighted by market capitalization.

Security Market Line

A graphical representation of the expected return of investments as a function of their risk, specifically their beta.

Expected Return

The average of all the possible returns for an investment, weighted by their respective probabilities.

Beta

A measure of a stock's volatility in relation to the overall market, used to gauge a stock's risk level relative to the market average.