Question 1
Explain why maximizing the current value of a firm's stock is or is not the az:1-z:- management.
Question 2
How is the expected return on an asset related to its systemic risk?
Question 3
Describe and justify what the value of beta for a U.S. Treasury bill should be.
Question 4
Comment on the following statement: "Systemic Risk is not all that matters?
Question 5
Why does the total risk of a portfolio reach zero as the number of assets large?