Jensen's Alpha Measures a Security's Raw Return Against the

question 94

Multiple Choice

Jensen's alpha measures a security's raw return against the

• A) Sharpe-adjusted return
• B) Market return
• C) CAPM return
• D) Real return
• E) Treynor-adjusted return

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Definitions:

Deep Structure

In linguistics, the underlying syntactic structure or meaning of a sentence, as opposed to its surface structure or actual spoken form.

Surface Structure

A concept in linguistics referring to the outward form of a sentence, as opposed to the deeper meaning or abstract structural representation (deep structure).

Transformational Grammar

A linguistic theory that focuses on how sequences of words can be transformed into sentences, emphasizing the rules and principles behind sentence structure.

Bonobos

A species of great ape known for its peaceful behavior and matriarchal societies, closely related to chimpanzees.