The Jensen Portfolio Evaluation Measure

question 23

Multiple Choice

The Jensen portfolio evaluation measure

• A) is a measure of return per unit of risk, as measured by standard deviation.
• B) is an absolute measure of return over and above that predicted by the CAPM.
• C) is a measure of return per unit of risk, as measured by beta.
• D) is a measure of return per unit of risk, as measured by standard deviation, and is an absolute measure of return over and above that predicted by the CAPM.
• E) is an absolute measure of return over and above that predicted by the CAPM, and is a measure of return per unit of risk, as measured by beta.

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Definitions:

Medication

Chemical substances used to diagnose, treat, or prevent disease and improve health.

Patient Tolerance

The extent to which a patient is able to endure or withstand a medical procedure, medication, or health condition without adverse effects.

Higher Doses

Refers to the administration of medication in quantities greater than the standard therapeutic levels.

Medications

Substances used to diagnose, treat, or prevent illness and disease.