For each 1% change in the market portfolio’s excess return, the investment’s excess return is expected to change by due to risks that it has in common with the market.

Options:

a.

cannot say for sure

b.

beta

c.

alpha

d.

zero

B. Beta

Explanation:Excess returns is a term used in Financial accounting to describe how well an investment fund has either over-performed or under-performed against the standards through which the investment fund is compared,excess fund is also known as ALPHA.

Beta percent is a term used to describe how risky an investment portfolio is compared to other Investments, IT IS A VITAL TERM IN DETERMINING WHICH FUTURE DECISIONS WILL BE TAKEN.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are: