The Correct Measure of Timing Ability Is __________ for a Portfolio

question 40

Multiple Choice

The correct measure of timing ability is __________ for a portfolio manager who correctly forecasts 40% of bull markets and 65% of bear markets.

• A) -5%
• B) 5%
• C) 25%
• D) 105%
• E) none of these

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Definitions:

Exons

Segments of a DNA or RNA molecule containing information coding for a protein or peptide sequence.

Introns

Noncoding sections of an RNA transcript, or the DNA encoding it, that are removed before the RNA molecule is translated into a protein.

Promoter

In an operon, a sequence of DNA where RNA polymerase binds prior to transcription.

Transcription

The process by which the information in a strand of DNA is copied into a new molecule of messenger RNA (mRNA).