MATCHING Match the Person or Term with the with the Correct

question 35

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Vasco da Gama

• A)claimed Brazil for Portugal in 1500
• B)founded Quebec
• C)Italian who sailed for Spain in 1492
• D)Dominican priest who preached against Spanish abuses of Indians
• E)British economist who wrote The Wealth of Nations
• F)Spanish conquistador who conquered the Aztecs
• G)sailed around southern Africa and into the Indian Ocean
• H)America was named for him
• I)first European to discover Newfoundland in 1497
• J)explored Florida
• K)led seven large naval expeditions in early 1400s
• L)developed a movable-type printing press

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Definitions:

Covariance

A measure of the degree to which returns on two risky assets move in tandem. A positive covariance means that asset returns move together. A negative covariance means they vary inversely.

Variance

A measure of the dispersion of a random variable. Equals the expected value of the squared deviation from the mean.

Fairly-Priced Securities

Securities that are believed to be priced appropriately according to their risk level and the expected rate of return.

Positive Betas

A term referring to financial securities that have a beta greater than zero, indicating that their returns generally move in the same direction as the market.