#17

Insert Draw Design Layout Referenc Mailings Review View Help Emergen over the entenvelliment. Seard OB,C,AD M O C,D,B.A OBC,D,A Page 1 of 1 words Daca 17 0/5 points Which of the following assets is most likely not on the etficient frontier Stock A Stock B Stock Stock D Expected retur 13% 6% 13% 5.5% Volatility 15 8.57% 8.500 O Both Stock Cand D X O All on the efficient frontier Stock D only O Stock C only 18 5/5 points Which of the following statements is most likely an incorrect statement? Active funds have underperformed the index on average, even after adjusting the index returns for trading costs and management fees. Closed-end funds redeem or issue shares on demand and their price can be different from the net asset value (NAV)