During the Later Seventeenth Century, the Principal International Concern in Western

question 48

Multiple Choice

During the later seventeenth century, the principal international concern in western Europe was the ambitions of ________ while the increasing power of ________ was the main concern in northern Europe.

• A) Louis XIV; Peter the Great
• B) Leopold I; Cardinal Richelieu
• C) Charles II; Philip IV
• D) Suleiman the Magnificent; William of Orange
• E) Hugo Grotius; Samuel Pufendorf

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Definitions:

Abnormal Return

Return on a stock beyond what would be predicted by market movements alone. Cumulative abnormal return (CAR) is the total abnormal return for the period surrounding an announcement or the release of information.

Mean-Variance Optimizers

Tools used in finance to allocate assets in a portfolio in a way that maximizes return for a given level of risk based on the expected returns and variances of those assets.

Fully Informed

A state or condition where all relevant information is known to all parties involved.

Security-market Line

A graphical representation of the relationship between expected return and beta (systematic risk) of an investment.