答案和详解如下： Q8. Lifestyle objective-based investing attempts to quantify risk in terms of the: A) standard deviation of returns vs a benchmark. B) semideviation of returns relative to a goal. C) ramifications of failing to meet specified objectives. Correct answer is C) Lifestyle objective-based investing attempts to quantify risk in terms of the ramifications of failing to meet specified objectives. Q9. The risk of failing to meet specified financial objectives is often called: A) attenuation risk. B) shortfall risk. C) truncation risk. Correct answer is B) The risk of failing to meet specified financial objectives is often called shortfall risk, which is the probability associated with failure. Q10. Behavioral investors are generally more concerned with: A) avoiding losses, which suggests that risk of loss may be the best measure of risk. B) fear of regret, which suggests that the prospect for outperforming a benchmark is the primary concern for these investors. C) realizing pride, which suggests that expected return is more important than risk to these investors. Correct answer is A) Behavioral investors are generally more concerned with avoiding losses, which implies that risk of loss may be the best measure of risk. | 
发表于 2009-1-20 09:46
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