When a Dart Leader Moving Toward the Ground Deviates from the Original

question 68

Multiple Choice

When a dart leader moving toward the ground deviates from the original path taken by the stepped leader, the lightning appears crooked. Lightning that takes on this shape is called ____ lightning.

• A)ribbon
• B)forked
• C)crooked
• D)bead
• E)ball

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Definitions:

Alpha

A measure of investment performance on a risk-adjusted basis, representing the excess return of an investment relative to the return of a benchmark index.

Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.

Black-Litterman Model

A portfolio allocation model that combines expected returns based on equilibrium assumptions with the views of an investor.

Portfolio Manager

A professional responsible for making investment decisions and overseeing a portfolio of assets to achieve the investment objectives of their clients or institution.