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A) 23.72 B) 23.723 ly rder for 100 shares comes in, at what price will it be filled? ) 23.74 D) 23.75 9. In anticipating

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A) 23.72 B) 23.723 ly rder for 100 shares comes in, at what price will it be filled? ) 23.74 D) 23.75 9. In anticipating a large market buy order for 100,000 shares, a market maker should immediately A)) Increase his inventory of the stock decrease his inventory of the stock C) Do nothing D) Start shorting the stock Use the following information for the next three questions: ou are managing a risky portfolio with an expected rate of return of 20% and a standard deviation of 30%. The t-bill rate is 5%. market fund. 10. What's the expected return of your client's portfolio? Your client chooses to invest 60% of a portfolio in your fund and the rest in the T-bill money A) 5 percent B) 10 percent C) 14 percent D) 32 percent What's the standard deviation of your client's portfolio? A) 5 percent B) 10 percent C) 14 percent D) 18 percent 11. 12. What is the reward-to-volatility ratio (Sharpe Ratio) of your fund? A) 0.2 B) 0.5 C) 0.67 D) 1 13. You invest $100 in a complete portfolio. The complete portfolio is composed of a risky asset with an of your complete portolio should be invested in the risky asset if you want your expected rate of return of 12% and a standard deviation of 10% and a treasury bill with a rate of return of 5%. complete portfolio to have a standard deviation of 6%. A)79% B) 60% C) 50% D) 10% 14. You are interested in constructing a complete portfolio that is composed of a risky asset and a riskfree

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