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Use this box if you need to explain any irregularities, delays or technical issues. If none, just write N/A

Technology eliminates work, but does not change specific jobs.

Technology has had a profound impact on lowering income inequality.

The VIX tracks the implied volatility for the ________________ index options

When stock prices are expected to make a big move up or down, investors typically _____________ more options

From October 2014 to January 2015, the US stock market had three major sell-offs in October, December, and January, the VIX show a ___________ with each sell-off.

Joan of Arc was a problematic leader of the French forces during the latter part of the Hundred Years’ War because she 

Consider the following three stocks. X Y Z standard deviation 17% 16% 18% beta 1.3 1.1 1.2  On average, which one would have a higher expected return?

Portfolios that are going to do well in bad times should offer a ______________ average return.

Portfolios that are going to do badly in bad times should offer _________ average return. [Note: You can’t get all.]