1. The market portfolio represents
A) an investment in every possible risky asset that is available.
B) an investment between the Risky Portfolio and a risk free asset (T-Bill)
C) an investment in only stocks and bonds
D) all the above
2. Find the Dollar Weighted Average return of $1000 invested each year at the beginning of the year for 3 years earning the following returns (10%, -5%, and 15%)
A) 6.317%
B) 6.667%
C) 6.985%
D) 7.065%