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Which of the following is part of M1?
I.currency in a bank's vault
II.cash in your purse
III.checkable deposits
IV.traveler's checks
Asset Classes
Broad categories of investments with similar characteristics and market behaviors, such as equities (stocks), fixed income (bonds), and real estate.
Total Excess Return
The overall return of an investment above the risk-free rate over a specified time period.
Bogey Portfolio
A benchmark used to evaluate a fund's performance by comparing it with a standard point of reference.
Asset Classes
Categories of assets with similar characteristics, such as equities, fixed income, real estate, and commodities, used in investment diversification.
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