Wall Street Uncovered Mid Term 2 Exam with complete solution Last year, T-bills returned 2 percent while your investment in large-company stocks earned an average of 5 percent. Which one of the follo ... wing terms refers to the difference between these two rates of return? {{Correct Ans- geometric return Standard deviation is a measure of which one of the following? {{Correct Ans- volatility Assume that the market prices of the securities that trade in a particular market fairly reflect the available information related to those securities. Which one of the following terms best defines that market? {{Correct Ans- efficient capital market Stacy purchased a stock last year and sold it today for $3 a share more than her purchase price. She received a total of $0.75 in dividends. Which one of the following statements is correct in relation to this investment? {{Correct Ans- The capital gains yield is positive. [Show More]
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