Which of the following is not a valid reason to reinsure an exposure?
A) To make insured exposures similar in dollar size
B) To provide the insured access to Lloyd's of London
C) To buy services from the reinsurer
D) To allow agents to be more competitive
B
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Which of the following is NOT one of British Airways seven distinct air travel products?
a. Deluxe service (First Class) b. Club World (Business Class) c. Club Britain (Business Class) d. Club Europe (Business Class) e. Euro-Traveler (Economy Class)
The table below shows selected financial data for the Turtle Income fund, the Hare Growth fund, the market portfolio and the risk free asset. What is the market's Treynor Index?
Turtle Hare Market Risk Free Expected Return 10% 13% 12% 5% Std Dev. 8.5% 17.9% 11.9% 0% Beta 0.7143 1.4 1 0 A) 5.00% B) 5.71% C) 6.21% D) 7.00% E) 12.20%