Benchmark Risk Is Defined as

question 38

Multiple Choice

Benchmark risk is defined as

• A) the return difference between the portfolio and the benchmark.
• B) the standard deviation of the return of the benchmark portfolio.
• C) the standard deviation of the return difference between the portfolio and the benchmark.
• D) the standard deviation of the return of the actively-managed portfolio.

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Definitions:

Annexed

Attached or added, especially in terms of land or documents, to expand property or information.

Easement Appurtenant

A right that runs with the land, allowing one property owner to use another's property for a specific purpose.

Easement by Prescription

A right to use another's property, acquired through continuous and open use over a period of time without the owner's explicit permission.

Tract of Land

A specific area of land, possibly defined by boundaries or usage in legal, commercial, or geographical contexts.