The beta of an active portfolio is 1.20. The standard deviation of the returns on the market index is 20%. The nonsystematic variance of the active portfolio is 1%. The standard deviation of the returns on the active portfolio is

A. 3.84%.
B. 5.84%.
C. 19.60%.
D. 24.17%.
E. 26.0%.


E. 26.0%.

s = [(1.2)2(0.2)2 + 0.01]1/2 = [0.0676]1/2 = 26.0%.

Business

You might also like to view...

Which of the following is a method of reducing escalation of commitment?

A. Splitting the responsibility for project decisions B. Increasing a decision maker's cognitive dissonance C. Motivating decision makers to be highly optimistic about their decisions D. Encouraging decision makers to not give up on their poor choices

Business

Petit juries ________

A) consist of 13 to 24 citizens B) are used only convened in criminal matters C) are waived off if both parties to a case agree D) must reach a unanimous verdict in civil cases in all states

Business

____________________ involves saying words correctly and clearly using accepted sounds and accented syllables

Fill in the blank(s) with correct word

Business

An accountant may be liable to anyone who acquires a security covered by a registration statement that contains a materially false statement.

Answer the following statement true (T) or false (F)

Business