If a Portfolio Had a Return of 12%, the Risk-Free

question 17

Multiple Choice

If a portfolio had a return of 12%, the risk-free asset return was 4%, and the standard deviation of the portfolio's excess returns was 25%, the Sharpe measure would be

• A)0.12.
• B)0.04.
• C)0.32.
• D)0.16.

Understand the concept of due diligence and its relevance in securities law defenses.

Understand the concept of mark-up on cost and selling price.

Calculate the rate of mark-up on cost and on selling price.

Understand and calculate the impact of markdowns on profitability.

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Definitions:

Americans with Disabilities Act (ADA)

U.S. legislation that prohibits discrimination against individuals with disabilities in all areas of public life.

Disabled Adults

Individuals over the age of adulthood who are unable to perform certain activities due to physical or mental impairments.

Crystal Form

The external shape displayed by a crystal or a mineral, determined by the internal arrangement of its atoms or molecules.

Cleavage

1. The tendency of minerals to break along specific orientations of closely spaced planes. 2. The tendency of a rock, especially a metamorphic rock, to split along mostly parallel planes.