The __________ Calculates the Reward to Risk Trade-Off by Dividing

question 49

Multiple Choice

The __________ calculates the reward to risk trade-off by dividing the average portfolio excess return by the portfolio beta.

• A) Sharpe measure
• B) Treynor measure
• C) Jensen measure
• D) appraisal ratio

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Definitions:

Penlight

A small, portable flashlight, often used in medical examinations to observe pupils' reaction to light or to inspect areas of the mouth and throat.

Pupillary Constriction

The narrowing or tightening of the pupils, which can occur in response to light exposure or during focusing on objects.

Arcus Senilis

A gray or white arc visible above and below the outer part of the cornea, usually related to aging.

Unequal Pupillary Constriction

A condition where the pupils of the eyes do not shrink to the same size in response to light, potentially indicating neurological issues.