单项选择题
A.BanksB.EndowmentsC.Defined benefit pension plans
According to the Capital Asset Pricing Model （CAPM），the...
单项选择题According to the Capital Asset Pricing Model （CAPM），the market portfolio（）
A.includes all risky assets invested in equal amounts.B.is exposed to both unsystematic and systematic risk.C.is perfectly positively correlated with other portfolios on the CML.
Which of the following performance measures most likely...
单项选择题Which of the following performance measures most likely relies on systematic risk as opposed to total risk when calculating risk-adjusted return？（）
A.M-squaredB.Sharpe ratioC.Treynor ratio
A portfolio manager generated a rate of return of 15.5%...
单项选择题A portfolio manager generated a rate of return of 15.5% on a portfolio with beta of 1.2.If the risk-free rate of return is 2.5% and the market return is 11.8%，Jensen’s alpha for the portfolio is closest to：（）
A.1.84%B.4.34%C.3.70%
