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The following gives summary measures for Google and Apple for Year 1-5. = 66%
= 20%
= 89%
= 60.5%
A) Which fund had the higher arithmetic average return?
B) Which fund was riskier over this time period?
C) Given a risk-free rate of 1%, which fund has the higher Sharpe ratio? What does this imply?
Genetically Modified Seed
Seeds that have been altered using genetic engineering techniques to possess specific traits, such as resistance to pests or herbicides.
Utilitarianism
An approach to ethical reasoning in which ethically correct behavior is related to an evaluation of the consequences of a given action on those who will be affected by it. In utilitarian reasoning, a “good” decision is one that results in the greatest good for the greatest number of people affected by the decision.
Principle of Rights Theory
A framework in ethical theory that posits certain rights are fundamental and must be respected and protected in moral and legal decisions.
Industry Code of Ethics
A set of principles and guidelines designed to help professionals in a specific industry maintain integrity and ethical standards in their work.
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