Use the Below Payoff Table with Four Mortgage Options to Answer

question 73

Multiple Choice

Use the below payoff table with four mortgage options to answer the following question(s) .
-Which of the following best defines Sharpe ratio?

• A)It is a ratio of a fund's excess returns to its coefficient of variation.
• B)It is a ratio of a fund's excess returns to its standard deviation.
• C)It is a ratio of a fund's excess returns to its variance.
• D)It is a ratio of a fund's excess returns to its mean.

---

Definitions:

Grammatical Devices

Are tools used in language to convey meaning, structure sentences, and relate words to each other, such as tenses, punctuation, conjunctions, and prepositions.

Progression

The process of developing or moving forward towards a more advanced state or stage.

Language Ability

Refers to the capacity to understand, produce, and use words and sentences to communicate effectively.

Language Acquisition Device

A hypothetical module proposed by Noam Chomsky, suggesting that the ability to learn language is innate to humans and pre-wired into the brain.