Examlex
Which of the following statements is false?
M2 Measure
A broad measure of a country's money supply that includes cash, checking deposits, and easily convertible near money.
Modigliani and Miller
Two economists who introduced groundbreaking theories on the irrelevance of capital structure for a company's value and the dividend policy irrelevance in an ideal market.
Total Excess
The amount by which the total returns on an investment exceed the benchmark or guaranteed returns.
Bogey Portfolio
A benchmark or target portfolio with which the performance of an investment portfolio is compared.
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