Why is Sortino ratio becoming a more popular measure over time (2 points).  What advantages does it have?

You are asked to provide an inservice to clinical staff on your full time clinical placement. How will you summarize the clinical implications and limitations of your study (2-4 paragraphs)?

If the simple CAPM is valid, is the situation detailed below possible?  Explain in a few short sentences.  (4 points)   Portfolio                                              Expected Return                                             Beta Risk-free                                             10                                                                    0 Market                                                18%                                                                 1 A                                                         24%                                                                 1.25 B                                                         26%                                                                 2 ______________________________________________________________________       

Mark the FALSE statement about the podcast with Woo: 

What best describes the pathologic changes of red blood cells in a patient with sickle cell anemia?

Consider the following two investment alternatives. First, a risky portfolio that pays 15% rate of return with a probability of 40% or 5% with a probability of 60%. Second, a treasury bill that pays 6%. The risk premium on the investment is _________. 

  Extra Credit (3 points): If you wanted to make a bet that the TSLA will go do poorly over the next year, but will do well over the long run (ie. will outperform over the next 5 years) what trade will you put on? Describe the trade (what options are you using) and what is the name of the trade you have formed.

The value of a listed call option on a stock is higher when: The exercise price is higher. The contract has a longer time til expiration. The stock increases in value. A cash dividend is paid.

In which of the following ways was Emperor GoDaigo different than his predecessors?

EXTRA CREDIT: Your portfolio manager tells you that they delivered 15% last year. You follow up with the portfolio manager and ask them for two years of performance data which they give you. You take the data from year t-2 to year t-1 and run the following regression: Ri = Rf  + βmRm + βsmbRsmb + βhmlRhml   And you find that:           βm = 1.10      βsmb = 1.2      βhml = 0.80 Using the following returns from year t-1 to year 0: Rf =  0         Rm = .12      Rsmb =  .01      Rhml =   .02      Did the portfolio manager actually do well over yr t-1 to 0-  what were their FF adjusted returns? According to the Beta coefficients, what types of risk is the manager primarily taking?  (3 points)