The Major Difference Between Chocolate Preparations Made by Aztecs in 1500

question 58

Multiple Choice

The major difference between chocolate preparations made by Aztecs in 1500 and chocolate preparations made by Europeans shortly after being introduced to it, was the addition of __________.

• A) milk
• B) butterfat
• C) sugar
• D) caffeine

---

Definitions:

Total Risk

The complete scope of uncertainty or variability in returns on an investment, including both systematic and unsystematic risk factors.

Security Market Line

A representation in finance that shows the relationship between risk (as measured by beta) and expected return of investments, used in the capital asset pricing model.

Capital Market Line

A line used in the capital asset pricing model to depict the rates of return for efficient portfolios depending on the risk-free rate of return and the level of risk (standard deviation) for a particular portfolio.

Characteristic Line

In finance, a line that describes the relationship between the return on an investment and the return on the market as a whole, used in the Capital Asset Pricing Model.