Beta is commonly used as a relative measure of risk. It measures:Standard deviation of a stock’s price.The expected total returns of a diversified portfolio.The unsystematic risk component of an investment.The risk of a security or portfolio relative to the overall market.
The term generally used to describe the market in which prices fully reflect all available information is:The greater fool hypothesis.Random walk hypothesis.The size-effect hypothesis.Efficient markets hypothesis.
For tax purposes, a capital gain is considered long term if the investment was held more than:1 day.1 month.1 year.10 years.
A zero coupon bond:Is sold at a discount to face value.Is worthless.Matures immediately.Always has a call feature.
The highest denomination of U.S. currency is:The $20 billThe $100 billThe $1,000 billThe $100,000 bill
The January Effect:Is the influence on the market of the mutual funds’ performance reported in December.Is another name for the Superbowl anomaly believed to affect stock prices.Is the result of several studies regarding inexplicably higher returns during January.Supports the predictabilityof cyclical prices determined by chaos theory.(Portfolio Construction, Management and Protection by Robert A. Strong, p. 182.)
Gold may be a good investment if:Inflation is expected to increase.You like the color.World peace comes to pass.Foreign governments sell their gold reserves.
Determining total return typically utilizes the:Inflation-adjusted annual performance of all mutual-funds.Annual capital gain plus dividend payout of a stock or fund.Math skills learned in college-level calculus courses.Dividend yield on the Dow Jones Industrial Average.