What Is the Downside and the Upside, Respectively, on a Mutual

question 190

Multiple Choice

What is the downside and the upside, respectively, on a mutual fund with a mean return of 10% and a standard deviation of 10%?

• A) −20% and 40%.
• B) −10% and 30%.
• C) 0% and 10%.
• D) 0% and 20%.

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Definitions:

Registry System

A system for recording and tracking legal rights and interests in property, usually maintained by a government or official body, to establish ownership and transactions.

Title Search

The process of examining public records to verify the legal ownership of property and to identify any liens, encumbrances, or claims against it.

Fee Simple

The most complete ownership of land possible, with unlimited duration and inheritable.

Crown Patent

A legal document that grants land ownership rights in Commonwealth countries, issued by the government.