Examlex
The average returns, standard deviations and betas for three funds are given below along with data for the S&P 500 index. The risk free return during the sample period is 6%.
-You wish to evaluate the three mutual funds using the Jensen measure for performance evaluation.The fund with the highest Jensen measure of performance is __________.
Marginal Product
The additional output that results from using one more unit of a variable input, holding all other inputs constant.
Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally.
Total Product Curve
A graphical representation showing how the total quantity of output changes with variation in the quantity of a single input, holding other inputs constant.
Marginal Returns
The additional output gained by adding one more unit of input, holding all other inputs constant.
Q6: In 1973,trading of standardized options on a
Q12: The highest possible value for the interest
Q23: A futures contract _.<br>A) is a contract
Q40: Firms with higher expected growth rates tend
Q51: The government employs monetary and fiscal policy
Q57: Which of the following investment strategies would
Q71: When assessing sustainability of a firm's cash
Q77: If a firm's ratio of (stockholders' equity/total
Q86: The use of leverage is practiced in
Q137: Consumer choices ultimately determine the kinds of