Q1. Defining investor objectives in terms of mean and standard deviation: A) will typically simplify the process for the investment advisor. B) makes it more difficult for the investment advisor to select a suitable benchmark index. C) may make it easier for the investor to make a connection between the investment policy and the investor’s own goals.
Q2. Defining investor objectives in terms of mean and standard deviation: A) will increase the complexity of the process for the investment advisor. B) can make it difficult to estimate the probability that the objectives will be realized. C) may make it easier for the investor to make a connection between the investment policy and the investor’s own goals.
Q3. Defining investor objectives in terms of mean and standard deviation: A) may make it easier to estimate the probability that the objectives will be realized. B) usually makes it less likely that the investor will deviate from the investment policy because of current market conditions. C) may make selecting an asset allocation more difficult for the individual.
Q4. Investors who sell winning securities too soon and hold losing positions too long is an example of:
A) both behavioral and traditional finance. B) behavioral finance. C) traditional finance.
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发表于 2009-1-20 09:42
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