题目
题目
单项选择题

Which of the following statements regarding the capital allocation line (CAL) is false?[Fill in the blank]

选项
A.a. The CAL shows risk-return combinations.
B.b. The slope of the CAL equals the increase in the expected return of the complete portfolio per unit of additional standard deviation.
C.c. The slope of the CAL is also called the reward-to-volatility ratio.
D.d. The CAL is also called the efficient frontier of risky assets in the absence of a risk-free asset.
E.e. The CAL represents the investment opportunity set formed with a risky asset and a risk-free asset.
题目图片
查看解析

查看解析

标准答案
Please login to view
思路分析
The question asks which statement about the capital allocation line (CAL) is false. Let's examine each option carefully and compare it to standard CAPM/portfolio theory concepts. Option a: 'The CAL shows risk-return combinations.' This is true. The CAL is a line in the risk–return plane that depicts the set of portfolios achievable by combining a risky asset (or portfolio) with a risk-free asset, illustrating how ex......Login to view full explanation

登录即可查看完整答案

我们收录了全球超50000道考试原题与详细解析,现在登录,立即获得答案。

类似问题

The market portfolio has an expected return of 10% and a standard deviation of 24%. The risk-free rate is 4%.   What is the standard deviation of the returns of a complete portfolio with an expected return of 19%? Round your final answer to a percentage with two decimal places and do not use the “%” sign, i.e. if the answer is 1.23% then write 1.23

The expected return and standard deviation (risk) of two financial assets (Alpha Pty Ltd & Beta Corp) are as follows:Investor A develops a RISKY portfolio comprised of 70% of Alpha Pty Ltd and 30% of Beta Corp. The correlation coefficient between the returns from Alpha and Beta is 0.80. Assume the risk-free rate of return is 4% per annum.[Fill in the blank]

Question text 6Marks Tina has the following additional information regarding Stock X and Y [table] Stock | Expected Return | Standard Deviation X | 10% | 15% Y | 15% | 20% [/table] Stock X and Y are perfectly negatively correlated offering a hedged position. If Tina wants to construct a risk-free portfolio consisting Stock X and Y, what must be the weight for each stock in the portfolio? Weight of Stock X: Answer 5[select: , 57.14%, 42.86%, 62.84%, 44.55%, 35.28%] Weight of Stock Y: Answer 6[select: , 57.14%, 42.86%, 37.16%, 64.72%, 55.45%] What must return of this risk-free portfolio? Answer 7[select: , 12.14%, 11.75%, 12.86%, 15.33%, 13.5%] Notes Report question issue Question 9 Notes

Which of the following statements about the ‘Portfolio Theory’ section of the lecture material are TRUE: The standard deviation of a portfolio of shares in two different companies will always be less than the weighted average of the standard deviations of the individual shares. A share portfolio that follows a diversified market index is expected to offer a reasonably efficient trade-off between expected return and risk.

更多留学生实用工具

加入我们，立即解锁 海量真题 与 独家解析，让复习快人一步！