According to a Model That Was Estimated Using Monthly Excess

question 59

Multiple Choice

According to a model that was estimated using monthly excess returns over a 5 year period, ending in October of 2014, average returns of equity hedge funds are ________ the S&P 500 Index.

• A) equal to
• B) considerably higher than
• C) slightly lower than
• D) slightly higher than

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Definitions:

Driving

The act of operating and controlling a vehicle, such as a car or a motorcycle, on roads.

Radiation Exposure

The act of being exposed to ionizing or non-ionizing radiation which can occur naturally or through human activities.

X-Rays

A form of electromagnetic radiation used in medical imaging to create images of the inside of the body.

Tobacco Use

The act of consuming tobacco products, including smoking cigarettes, cigars, or using smokeless tobacco.