Technology eliminates work, but does not change specific jobs.
Market makers often _________ options when implied volatilit…
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 ______________…
The VIX tracks the implied volatility for the ________________ index options
From October 2014 to January 2015, the US stock market had t…
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 effi…
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 + b…
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%…
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 of…
Portfolios that are going to do badly in bad times should offer _________ average return.
________ is the management function of setting goals and det…
________ is the management function of setting goals and determining how to meet them.
Why is cost control so important today?
Why is cost control so important today?