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Researchers observed that patients taking beta blockers as treatment for high blood pressure complained of a lack of energy, muscle weakness and fatigue.  What cellular organelle is most likely negatively affected due to beta blockers?

Perfect market timing ability is equivalent to having ____________ on the market portfolio. Select one.

The following data are available on the performance of Seminole Fund and the market portfolio:                                                                                 Seminole Fund            Market Portfolio Average Return                                                        16%                                 10% Standard Deviation of Returns                               28%                                 24% Beta                                                                              1.20                                 1.00 Residual Standard Deviation                                      6%                                   0% The risk-free return during the sample period was 4%. Assuming that the CAPM is correct, what is the information ratio measure of performance for the Seminole Fund?  

Recall the Treynor-Black model. You have determined that the current Sharpe Ratio for the market portfolio is 0.40. You have formed an active portfolio that has a non-systematic standard deviation of 6.2%. Assume your goal is to create an optimally constructed portfolio using the Treynor-Black approach. What would the alpha of your active portfolio need to be if the target Sharpe ratio for your constructed portfolio is 0.60?

Consider the market timing indicators we discussed in class. What is a “spurious indicator”? (3 pts) What concerns should we have when using spurious indicators for trading? (2 pts)

Jill tells her broker that she does not want to sell her stocks that are below the price she paid for them. She believes that if she just holds on to them a little longer they will recover, at which time she will sell them. What behavioral characteristic is Jill exhibiting in her decision making?

Kahneman and Tversky (1973) report that __________ and __________. Select one of the provided answers.

Consider these two investment strategies:                                                 Strategy 1                   Strategy 2 Expected Return                    4.0%                            8.0% Standard Deviation                0.0%                            5.0% Highest Return                        4.0%                           14.0% Lowest Return                          4.0%                            4.0% Which of these two strategies (Strategy 1 or Strategy 2) is the dominant strategy? Provide comments in defense of your answer.

This cell type can be found in hyaline cartilage:

Absent any research, what would you expect the alpha of a randomly selected stock to be?