The Excess Return Is the Difference Between the Average Return

question 68

Multiple Choice

The excess return is the difference between the average return on a security and the average return for

• A) Treasury Bonds.
• B) a portfolio of securities with similar risk.
• C) a broad based market portfolio like the S&P/TSX Composite Index.
• D) Treasury Bills.

---

Definitions:

Colitis

Colitis is the inflammation of the inner lining of the colon and is associated with symptoms like abdominal pain, cramping, and diarrhea.

Colon

The part of the large intestine, extending from the cecum to the rectum, that absorbs water and salts from food remnants.

Inflammation

A biological response to injury or infection, resulting in redness, warmth, swelling, and pain in the affected area.

Tenderness

A sensation of pain or discomfort when an area of the body is touched or pressed, often indicating inflammation or an underlying condition.