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The U-tube in the figure is sealed at both ends. It contains a gas in A, another gas in B, and mercury in C. The heights of the mercury in the two arms are as shown. The density of mercury is 13.6 g/cm3. If the pressure in A is 1 104 dyn/cm2, the pressure in B is
Treynor-Black Model
A portfolio optimization model that blends a passively managed market portfolio with actively managed portfolios to achieve higher risk-adjusted returns.
Active Portfolio
An investment portfolio that is frequently adjusted or traded by managers in an attempt to outperform the market.
Dominant Strategy
A strategy that always provides a better outcome for a player, no matter what the other players do.
Reward/Risk Ratio
A financial metric that compares the expected returns of an investment to the amount of risk undertaken to capture these returns.
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