Provide short answers to the following questions.

a) What is a rally?

b) What is a red-herring?

c) What does it mean to hold securities in street name?

d) What is a Bankers Acceptance?

e) What is a constant dollar plan?

f) What are the components of the risk-free rate?

g) What is financial risk?

h) If the standard deviation of a stocks return is 5% and its expected return is 8%, what it the C.V.? i) The covariance between stock A and market return is 135. The standard deviation of markets return is 15%. What is the beta of stock A?

j) What are defensive stocks?

k) What is an efficient set of securities?

l) Is it true that a market which is efficient in its semi-strong form is automatically efficient in its weak form?