Please use English translation

VRAAG 2 / QUESTION 2 (2) Waarom sal Jensen se alfa van die JSE Top 40 indeks (as 'n mark-proxy) altyd 'n 0 produseer (kies die mees korrekte opsie)? / Why will the JSE Top 40 index's (as a market proxy) Jensen's alpha always produce a 0 (choose the most correct option)? A. Want beta varieer oor tyd. / Because beta varies over time. B. Want die standaardafwyking meet totale risiko. / Because the standard deviation measures total risk. C. Want Jensen se alfa meet die prestasie teenoor die markportefeulje, en in die geval sal jy die mark met homself vergelyk. / Because Jensen's alpha measures performance relative to the market portfolio, and in this case you will compare the market with itself. D. Want Jensen se alfa meet die prestasie teenoor die risiko-vrye koers. / Because Jensen's alpha measures performance relative to the risk-free rate. E. Want die standaardafwyking varieer oor tyd. / Because the standard deviation varies over time. VRAAG 3 TOT 8 / QUESTION 3 TO 8 [11]