For you, personally, which THEME captivated you the most and WHY? Give ONE major theme and explain in 4-8 sentences, why you chose it, and why it was meaningful or interesting to you. 

All divorce actions are heard in circuit court.

Technology eliminates work, but does not change specific jobs.

Market makers often _________ options when implied volatility is high in an attempt to allow time decay to create their profits. 

The VIX tracks the implied volatility for the ________________ index 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.

Which one of the following portfolios cannot lie on the efficient frontier? Portfolio Expected Return (%) Standard Deviation (%) W 12 15 X 5 9 Y 10 18 Z 19 40

Consider the following regression of stock j: rj  =  a  +  b1rm+   +  b2rm- Which coefficient, b1 or b2, is more important to estimate expected return?

Consider the following two stocks: A B Mean 15% 20% Std. deviation 20% 26% Sharpe 0.50 0.58 Skewness -0.01 -1.23 Kurtosis 1.26 5.34

Portfolios that are going to do badly in bad times should offer _________ average return.