9.) The annual volatility of a stock is 0.3345. What is the daily volatility of that stock?

A. 0.0511

B. 0.0337

C. 0.0211

D. 0.0421

10.) The annual volatility of a stock is 0.2532. The expected return on that stock is 11.5%. The yield on a 1-year T-bill is 2.5%. What is the Sharpe ratio of this stock?

A. 0.2511

B. 0.4651

C. 0.2238

D. 0.3555

11.) The expected return of GM is 8.5%. The expected volatility of GM is 0.200. What is the VaR(0.05) of GM?

A. -29.10%

B. -8.33%

C. -24.39%

D. -10.23%

13.) Which of the following is the best measure of risk-adjusted return?

A. excess return

B. variance

C. volatility

D. Sharpe ratio

14.) The number that represents the value that 95% of all expected outcomes should be greater than is the ___________.

A. Sharpe ratio

B. VaR(0.95)

C. volatility

D. VaR(0.05)