The complete portfolio refers to the investment in a

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32.The complete portfolio refers to the investment in _________. 33.An investment earns 10% the first year, 15% the second year and loses 12% the third year. Your total compound return over the three years was ______. 34.Suppose you pay $9,700 for a $10,000 par Treasury bill maturing in three months. What is the holding period return for this investment? 35.The rate of return on _____ is known at the beginning of the holding period while the rate of return on ____ is not known until the end of the holding period. 36.Most studies indicate that investors' risk aversion is in the range _____. 37 . A measure of the riskiness of an asset held in isolation is ____________. 38.If enough investors decide to purchase stocks they are likely to drive up stock prices thereby causing _____________ and ___________.
7 39.Building a zero-investment portfolio will always involve _____________. 40.Liquidity is a risk factor that __________. 41.A stock's alpha measures the stock's ____________________. 42.The measure of risk used in the Capital Asset Pricing Model is ___________. 43.Random price movements indicate ________. 44.Stock prices that are stable over time _______.

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