Excess Returns Are Equal to The

question 51

Multiple Choice

Excess returns are equal to the:

• A)total portfolio return minus the beta.
• B)total portfolio return minus the return on the S&P 500.
• C)total portfolio return minus the risk-free rate.
• D)total portfolio return minus the standard deviation.

---

Definitions:

GEO

Short for Geostationary Earth Orbit, a circular orbit 35,786 kilometers above the Earth's equator where a satellite's orbital period matches the Earth's rotation, appearing stationary to an observer on Earth.

LEO

Stands for Low Earth Orbit, a satellite's orbit relatively close to Earth's surface, typically at altitudes less than 2,000 kilometers, used for telecommunications, military, and observation purposes.

MEO

Medium Earth Orbit, referring to satellites that orbit the earth at altitudes in a range typically between 2,000 and 35,786 kilometers, used for communications, navigation, and earth observation.

VEO

An acronym that requires specification for an accurate definition as it could stand for various concepts depending on the context.