Which of the Following Statements About the Risk-Free Asset Is

Multiple Choice

Which of the following statements about the risk-free asset is correct?

A) The risk-free asset is defined as an asset for which there is uncertainty regarding the expected rate of return.
B) The standard deviation of return for the risk-free asset is equal to zero.
C) The standard deviation of return for the risk-free asset cannot be zero, since division by zero is undefined.
D) Choices a and b.
E) Choices a and c.