Chapter 05 - Risk and Return: Past and Prologue 1986-2013 10.32 24.89 0.41 The VaR is not calculated. Comparing the nominal rate with the real rate of return, the real rates in all time frames and their standard deviation are lower than those of the

Chapter 04 - Mutual Funds and Other Investment Companies b. Open-end mutual funds offer higher levels of service to investors. The investors do not have any administrative burdens and their money is actively managed. These are better suited for less

Chapter 02 - Asset Classes and Financial Instruments CHAPTER 2 ASSET CLASSES AND FINANCIAL INSTRUMENTS 1. Common stock is an ownership share in a publicly held corporation. Common shareholders have voting rights and may receive dividends. Preferred s

Chapter 03 - Securities Markets 24. The total cost of the purchase is: $40  500 = $20,000. Investing $15,000 from your own funds and borrowing $5,000 from the broker, you start the margin account with the net worth of $15,000. a. (i) Net worth incre