The goal of an efficient portfolio is to ________
A) achieve a predetermined rate of return for a given level of risk
B) maximize risk in order to maximize profit
C) minimize profit in order to minimize risk
D) minimize risk for a given level of return
D
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Which of the following statements is true about a multiple-channel system?
A) It reduces the cost of distribution. B) It is a type of a direct channel where intermediaries are eliminated through the use of information technology. C) It simplifies coordination and management of the channel of distribution. D) Loss of control is a typical problem associated with a multiple-channel system.
The value of the coefficient of determination R2 ranges between
A) 0 and -1 B) -1 and +1 C) 0 and +1 D) - infinity and + infinity E) +1 and + infinity