The Following Data Are Available Relating to the Performance of Monarch

question 56

Multiple Choice

The following data are available relating to the performance of Monarch Stock Fund and the market portfolio: $\begin{array}{lcc} & \text { Monarch } & \text { Market } \\ &&\text { Portfolio }\\\text { Average return } & 16 \% & 12\% \\\text { Standard deviations of returns } & 26\% & 22\% \\\text { Beta } & 1.15 & 1.00 \\\text { Residual standard deviation } &1 \% & 0 \%\end{array}$
The risk-free return during the sample period was 4%.
Calculate Jensen's measure of performance for Monarch Stock Fund.

• A) 1.00%
• B) 2.80%
• C) 44.00%
• D) 50.00%

Understand the procedures for dealing with ultra vires acts in a corporate setting.

Identify the reasons behind the popularity of specific states, such as Delaware, for corporate headquarters.

Recognize the responsibilities and liabilities of promoters and directors in the formation and management of a corporation.

Understand the concepts and legal implications of corporate criminal liability.

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Definitions:

Mental Retardation

An outdated and considered offensive term for intellectual disability, which refers to significant limitations in cognitive functioning and adaptive behavior.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits, known for its ability to alter mood and behavior when consumed.

Preconception Care

Healthcare and lifestyle practices aimed at optimizing the health of individuals before pregnancy.

Birth Control

Practices, medications, or devices used to prevent pregnancy.