Key Concepts and Skills Know how to calculate expected returns Understand the impact of diversification Understand the systematic risk principle Understand the security market…
13-* Expected Returns 13.1 Expected returns are based on the probabilities of possible outcomes In this context, “expected” means average if the process is repeated many…
Chapter Outline Expected Returns and Variances Portfolios Announcements, Surprises, and Expected Returns Risk: Systematic and Unsystematic Diversification and Portfolio Risk…
Investment Risk Investment Risk Eric Higgins Department of Finance, KSU Investing Investing Definition of an investment: The current commitment of dollars for a period of…
Investment Risk Investment Risk Eric Higgins Department of Finance, KSU Investing Investing Definition of an investment: The current commitment of dollars for a period of…
Chapter Outline Expected Returns and Variances Portfolios Announcements, Surprises, and Expected Returns Risk: Systematic and Unsystematic Diversification and Portfolio Risk…