1. The equation of the SML which defines the relationship between the expected return and beta is the what?
2. Which one of the following categories of securities had the highest average return for the period 1926 to 2016?
3. Which one of the following is least apt to reduce the unsystematic risk of a portfolio?
4. What is the present worth difference between an investment of $80,000 per year for 45 years and an investment of $80,000 per year forever at an interest rate of 10% per year?
The difference is determined to be $ .