1. The principal way in which a barbell portfolio differs from a laddered portfolio is the barbell has A) less investment in the middle maturities B) greater investment in high coupon bonds C) greater investment in low coupon bonds D) greater investment in the middle maturities
2. The stock of United Industries has a beta a 1.26 and an expected return of 12.0. The risk-free rate of return is 3 percent. What is the expected return on the market?
3. Annual revision of a laddered bond portfolio requires A) buying a short-term bond B) buying a long-term bond C) selling a short-term bond D) selling a long-term bond
4. What is avarage active selling time for a sales people by percentage of total working time?