A Portfolio Has a Sharpe Ratio of

question 85

Multiple Choice

A portfolio has a Sharpe ratio of .80,a standard deviation of 17.4 percent,and an expected return of 15.9 percent.What is the risk-free rate?

• A)1.98 percent
• B)2.36 percent
• C)2.48 percent
• D)3.09 percent
• E)3.15 percent

Recognize the relationship between tax revenue and elasticity of demand and supply.

Understand the concept of tax incidence and how it is affected by the elasticity of demand and supply.

Analyze the impact of a tax on market equilibrium, including quantity and price changes.

Appreciate the role of government taxation in correcting market inefficiencies and discouraging harmful activities.

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Definitions:

Propionic Acid

A naturally occurring carboxylic acid with chemical formula C3H6O2, used in food preservation.

Alanine

A nonessential amino acid that is used in the biosynthesis of proteins.

Amino Group

A functional group consisting of a nitrogen atom attached by single bonds to hydrogen atoms, alkyl groups, or aryl groups.

Amino Acid

Organic compounds containing an amine group, a carboxylic acid group, and a side chain that varies between different amino acids, key building blocks of proteins.