Examlex
Which of the following is NOT one of the three possible options that a parole board has been rendering their decision regarding an offender?
Mutual Funds
Investment vehicles that pool money from multiple investors to buy a diversified portfolio of stocks, bonds, or other securities.
Jensen's Measure
A performance metric that evaluates the excess return of an investment portfolio over the predicted return by the Capital Asset Pricing Model (CAPM), adjusted for market risk.
Market Portfolio
A hypothetical collection of all market assets, each proportioned by its market value.
Betas
An evaluation measure for the volatility or inherent risk present in a security or portfolio in comparison to the total market.
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