For Each of the Following Terms/concepts, Give a Brief Explanation

question 32

Essay

For each of the following terms/concepts, give a brief explanation or definition. Where possible, use examples.
a. order of a reaction
b. elementary reaction
c. reaction intermediate

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Definitions:

Bogey Portfolio

A benchmark portfolio against which the performance of an investment portfolio is measured, often used to assess the skill of portfolio managers.

Excess Return

Excess Return is the return on an investment above the return of a benchmark index or risk-free rate of return.

Asset Classes

Broad categories of investments with similar characteristics and market behaviors, such as equities (stocks), fixed income (bonds), and real estate.

Total Excess Return

The overall return of an investment above the risk-free rate over a specified time period.