The term excess return refers to ______________.
A. returns earned illegally by means of insider trading
B. the difference between the rate of return earned and the risk-free rate
C. the difference between the rate of return earned on a particular security and the rate of return earned on other securities of equivalent risk
D. the portion of the return on a security that represents tax liability and therefore cannot be reinvested
B. the difference between the rate of return earned and the risk-free rate
You might also like to view...
If the ratio of the price level in the U.S. to the price level in Canada is 1.3 and the nominal exchange rate is 0.75 Canadian dollars per U.S. dollar, then the real exchange rate is
A. 1.30.? B. 1.75. C. 0.975. D. 0.25.
Which of the following organizations sets the international standards for combating money laundering?
a. The United Nations Monetary Fund Task Force b. The International Monetary Fund Task Force c. The World Bank Action Task Force d. The Financial Action Task Force
Performance goals should be developed
a. By the employee b. By the supervisor c. Mutually between the employee and the supervisor d. By the supervisor's supervisor
The affirmative side’s task is
a. to support a resolution. b. to convince the judges and/or members of the audience that change is not needed. c. to reject a resolution calling for change. d. to maintain the status quo.