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Все вопросы
- The amount of risk in an asset relative to that of the market as a whole is called the … of the asset. #171
- The fundamental equilibrium condition in asset markets is that risk adjusted returns have to be the …. #172
- Counterparty risk, which is the risk that the other side of a transaction will not pay, can also be an important risk factor. #173
- A closely related measure is the standard deviation, denoted by σw, which is the square root of the variance. #174
- Suppose that you can invest in two different assets. One of them, the risk-free asset, always pays a different rate of return, rf. This would be something like a Treasury bill that pays a different rate of interest regardless of what happens. #175
- We can call this slope the price of risk since it measures how risk and return can be traded off in making portfolio choices. #176
- An economist would describe the distinction between the prices of the two kinds of apartments in this model by saying that the price of the outer-ring apartments is an exogenous variable, while the price of the inner-ring apartments is an …. #177
- Financial institutions loan money only to individuals but to each other. #178
- In the case of a … good and quasilinear utility, the utility associated with the consumption of n units of the discrete good is just the sum of the first n reservation prices. #179
- This sum is the gross benefit of consuming the good. If we … the amount spent on the purchase of the good, we get the consumer’s surplus. #180