In Each of the Following Plans, One Detail Has Nothing

question 23

Multiple Choice

In each of the following plans, one detail has nothing to do with the topic sentence; it is merely a bit of irrelevant information. Select the letter of the irrelevant detail. The old house had obviously been abandoned long ago.

• A) yard choked with tall grass and weeds
• B) oak tree with a tire swing
• C) rusted iron gate
• D) peeling white paint
• E) several broken windows
• F) spider webs on the front porch

---

Definitions:

Jensen Portfolio Evaluation Measure

The Jensen Portfolio Evaluation Measure is a performance metric that assesses the return of an investment portfolio while adjusting for risk, comparing it to the expected return of the market with a given risk level.

CAPM

The Capital Asset Pricing Model is a theoretical framework that explains how the expected return on assets, especially stocks, is related to their systematic risk.

Measure of Return

A financial metric used to quantify the performance of an investment by assessing the gain or loss it generates.

Unit of Risk

A Unit of Risk quantifies the exposure to potential loss in an investment, typically measuring the volatility or variability of returns over a specified period.