Question 48 (2.5 points) A portfolio produced returns of 17.0% in year 1, 14.0% in year 2, and -5.5% in year 3. What is the three-year compound annual rate of return (geometric mean return) for the portfolio? 8% 15% 10% 11% Question 49 (2.5 points) Saved The market risk premium is defined as Question 50 (2.5 points) Proponents of Behavioral-based theories of investor behavior Would expect fundamental analysis to be fruitful Would argue that fundamental analysis is doomed to failure Would expect technical analysis to be doomed to failure Would argue that technical analysis should be fruitful Question 51 (2.5 points) Saved The efficient frontier represents a set of portfolios that