2.
The separation principle states that an investor will
①choose any efficient portfolio and invest some amount in the riskless
asset to generate the expected return.
②choose an efficient portfolio based on individual risk tolerance or
utility.
③never choose to invest in the riskless asset because the expected return
on the riskless asset is lower over time.
④invest only in the riskless asset and tangency portfolio choosing the
weights based on individual risk tolerance.
⑤All of the above.
5.
The abnormal returns for initial public offerings over longer time periods
seem to call market efficiency into question because
①the average returns at announcement are large and positive while the
long-term results are much lower than the returns for seasoned equity
offerings.
②the average returns at announcement are small and negative while the
long-term results are much lower than the returns for seasoned
equity offerings.
③the average returns at announcement are zero while the long-term results
are much higher than the returns for seasoned equity offerings.
④the average returns at announcement are large and positive while the
long-term results are much higher than the returns for seasoned equity
offerings.
⑤the average returns at announcement are insignificant while the long-term
results are much lower than the returns for seasoned equity offerings.
各位大師們請問選多少壓??還有為什麼餒??ˊBˋ
可以一一解釋嗎?不解釋也沒差= =
誰來給我一個答案~~
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◢B◣
E
E ＢＥＥＲ ＩＳ ＧＯＯＤ ＦＯＲ ＹＯＵ
R
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※ 編輯: kaka5566 來自: 118.171.46.162 (04/07 17:32)