If an Offer Is Not Accepted, Rejected or Revoked It

question 39

Multiple Choice

If an offer is not accepted, rejected or revoked it will lapse:

• A)after a reasonable amount of time has elapsed.
• B)after a period of 30 days.
• C)when the offeror has communicated to the offeree that the offer has lapsed.
• D)never.The offer will remain open until it is accepted, rejected or revoked.

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Definitions:

Treynor-Black Model

A portfolio optimization model that adjusts for risk and incorporates passive and active components.

Active Portfolio

An Active Portfolio is a collection of investments actively managed by fund managers or investors, regularly making buy, sell, and hold decisions in an attempt to outperform the benchmark index.

Abnormal Returns

Returns on a stock or portfolio that differ significantly from the expected return based on the market or certain benchmarks.