The Jensen Portfolio Evaluation Measure

question 23

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) is a measure of return per unit of risk, as measured by standard deviation, and is an absolute measure of return over and above that predicted by the CAPM.
• E) is an absolute measure of return over and above that predicted by the CAPM, and is a measure of return per unit of risk, as measured by beta.

---

Definitions:

Acid-Base Status

A measure of the balance between acidity and alkalinity in the body, which is crucial for maintaining optimal physiological function.

Blood Gas

A medical test that measures the amounts of oxygen and carbon dioxide in the blood, alongside the pH level.

Nasogastric Tube

A flexible tube that is inserted through the nose into the stomach, used for feeding, medication administration, or removal of stomach contents.

Wound Drainage

The flow of fluid, which can range from clear to pus-filled, from a wound, indicating the body's response to injury or infection.