There Can Be Only One Zero-Beta Portfolio

question 62

True/False

There can be only one zero-beta portfolio.

Apply Poisson distribution to model real-world problems.

Understand the relationship between mean and variance in Poisson distribution.

Apply cumulative Poisson probability tables for problem-solving.

Utilize Poisson approximation to the binomial for rare event probabilities.

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Definitions:

Paternalistic Ideology

A belief system that justifies the controlling behavior of those in power on the premise that it is for the benefit or protection of those under their authority, often without the consent or input of the latter.

Planter Aristocracy

A social and economic class comprising wealthy landowners who held numerous slaves to farm cash crops in the American South before the Civil War.

Planter Aristocracy

A social and economic class of wealthy landowners in the antebellum South who owned large plantations and numerous slaves, exerting significant political and social influence.

Economic Self-Interest

The motivation that drives individuals to pursue their own material wealth and benefit, often considered a fundamental economic principle.