According to a Study by Bruno Solnik

question 22

Multiple Choice

According to a study by Bruno Solnik:

• A)a fully diversified portfolio of international stocks is only about 75 percent as risky as a typical individual stock.
• B)a fully diversified portfolio of U.S.stocks is about 2 percent as risky as a typical individual stock.
• C)a fully diversified portfolio that contains stocks from many countries is less than half as risky as a fully diversified portfolio that contains only U.S.stocks.
• D)there is no relationship between international diversification and risk.

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Definitions:

Cesare Becarria

was an 18th-century Italian criminologist, jurist, and philosopher who is best known for his treatise "On Crimes and Punishments," advocating for criminal justice reforms.

Jeremy Bentham

An English philosopher and legal theorist known for founding the philosophy of utilitarianism, emphasizing the greatest happiness principle.

John Locke

A 17th-century British philosopher known for his works on liberalism, political theory, and his ideas about natural rights and government.

Unpleasantness

The quality of being disagreeable or difficult to endure, often used to describe undesirable experiences or sensations.