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The number 4 on the image below corresponds to what part of the colon?                         

Where does the CR enter the patient for an AP axial projection of the coccyx?

divThe degree of body rotation for an AP oblique projection of the large intestine is:/div

A condition of normative confusion, or “normlessness”, in which the existing rules and values have little impact is referred to as the

Prohibiting the use of evidence seized by officers if they violate the Fourth Amendment protection against unreasonable search and seizure is called the

When an investigation finds that a crime may have been committed, or when a police officer directly observes a crime, what can be made?

Bonus 1 (3′): Using standard deviation as x-axis, and expected return as y-axis, Draw 1), Markowitz efficient frontier for risky assets. 2), the best feasible CAL to connect the risk free assets and the portfolio on the efficient frontier. 3), Point out the optimal portfolio on the efficient frontier.

Part II. Solve the following problems (Show your work if you look for partial credit). (55 Points)

Bonues2: (2’) Are the following true or false? Explain. Stocks with a beta of zero offer an expected rate of return of zero. The CAPM implies that investors require a higher return to hold highly volatile securities.  

2. (5′) Two investment advisers are comparing performance. One averaged a 19% return and the other a 18% return. However, the beta of the first adviser was 1.5, while that of the second was 1.2.  a. Can you tell which adviser was a better selector of individual stocks (aside from the issue of general movements in the market)? Why? b. If the T-bill rate were 5% and the market return during the period were 15%, calculate Jensen’s Alpha. Point out whether these two investments are underpriced or overpriced. Which adviser would be the superior stock selector?