Shared Flashcard Set

Details

Investments test 1
Chapter 6
4
Business
Undergraduate 4
10/15/2013

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Cards

Term
Speculation
Definition
Considerable risk
(Sufficient to affect the decision)
Commensurate gain
Term
Risk averse investors
Definition
reject investment portfolios that are fair games or worse
Term
Asset allocation choice
Definition
Fraction of the portfolio invested in Treasury bills or other safe money market securities
Term
Passive strategy
Definition
involves a decision that avoids any direct or indirect security analysis
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