SHY (NYSEARCA: SHY)is a 1−3 Year Treasury Bond Fund That

question 54

Multiple Choice

SHY (NYSEARCA: SHY) is a 1−3 year Treasury bond fund that is considered to be a market-neutral position.Using the S&P 500 as a benchmark and five years of monthly log-return data,the rank correlation coefficient of SHY with the S&P 500 is found to be r_s = -0.284.Because the sample size is greater than 10,r_s can be assumed to follow a normal distribution with standard deviation __________.

• A) 0
• B) 0.129
• C) 0.130
• D) 1

---

Definitions:

Mediterranean

A sea connected to the Atlantic Ocean, surrounded by the Mediterranean region and almost completely enclosed by land.

World Slavery

The historic global institution of enslaving humans for labor, trade, and exploitation, spanning various cultures and epochs.

Portuguese

Relating to Portugal or its people, language, or culture.