2. A bondholder whose main objective is the preservation of his capital given his high aversion to risk, should invest in bonds:

municipal

b. speculative grade corporates

c. bonds with a long duration

d. of the treasure

3. An active investment strategy bases its market entry and exit decisions primarily on fundamental analysis.

a. Certain

b. Fake

4. The APT (Arbitrage Pricing Theory) model arises as a response to doubts about the applicability of the CAPM model in the real world, where the performance of the market portfolio is not the result of a single source, but is derived from multiple macroeconomic factors.

a. Certain

b. Fake