The Jensen Portfolio Evaluation Measure

question 30

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) a and b.
• E) b and c.

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Definitions:

Chromosome

A thread-like structure of nucleic acids and protein found in the nucleus of most living cells, carrying genetic information in the form of genes.

Nucleus

The membrane-bound organelle in eukaryotic cells that contains genetic material (DNA).

Second Meiotic Division

The second phase of meiosis where sister chromatids are separated, resulting in the formation of four haploid daughter cells from the initial diploid cell.

Haploid

A cell or organism having a single set of chromosomes, characteristic of gametes such as sperm and egg cells in sexually reproducing organisms.