What Fraction of U

question 106

Multiple Choice

What fraction of U.S.employees do personal website surfing every day?

• A)less than one-quarter
• B)slightly less than half
• C)more than half
• D)almost all

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Definitions:

Risk-free Asset

An asset which is presumed to have a guaranteed return with no risk of financial loss.

Beta

A benchmark for the changeability, or structural risk, found in a security or an assemblage of investments measured against the overall market.

Portfolio Variance

A measure used in finance to quantify the volatility from the mean return of a portfolio, indicating the spread of its returns.

Cyclical Stock

A stock whose price is affected by macroeconomic changes in the overall economy and tends to rise and fall with the business cycle.