Which of These Was Not a Part of Meiji Reforms

question 15

Multiple Choice

Which of these was not a part of Meiji Reforms?

• A) Redistribution of land
• B) A new constitution that limited the powers of the emperor
• C) The development of a new army composed of draftees and many formerly important samurai
• D) Students being sent to study in the West, especially science and government
• E) A new national bank, new currency, and a new tax system

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Definitions:

Constant-growth Dividend-discount Model

A method for valuing a stock by assuming that dividends grow at a constant rate indefinitely, used to estimate the stock's price based on future dividend payments.

Multifactor CAPM

Generalization of the basic CAPM that accounts for extra-market hedging demands.

APT

The Arbitrage Pricing Theory, a multifactor model used to determine asset returns based on the relationship between a financial asset's expected return and its risks.

Hedge Portfolios

Investment portfolios designed to reduce the risk of adverse price movements in an asset, often by using derivatives such as options and futures.