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- Briefly explain the pay-off structure of futures and options contract. Also make it more clear with the help of a flowchart.What are the implications of these calculations? In other words, based on each of the calculations, and being mindful of the need to balance portfolio risk with return, would you recommend that the company pursue the investment? Why or why not? Be sure to substantiate claims.Explain the difference between (a) stand-alone risk and (b) risk in a portfolio context. How are they measured or calculated, and are they relevant to investors?
- Compare and contrast the MPT with the CAPM with reference to the following aspects: Risk measurement; Risk-return graphical presentation – Capital Market Line (CML) versus Security Market Line (SML); Usage in portfolio management.When individuals evaluate their portfolios, they should evaluate all Select one: a. marketable securities and other liquid assets. b. assets and liabilities. C. marketable securities. d. assets.The aspect least likely to be included in the portfolio management process isa. Identifying an investor’s objectives, constraints, and preferences.b. Organizing the management process itself.c. Implementing strategies regarding the choice of assets to be used.d. Monitoring market conditions, relative values, and investor circumstances.
- What is the purpose of initial and maintenance margins? How does marking to market affect the amount of funds held in the futures investor's margin account?Refined measures of performance are commonly used to evaluate portfolio performance. a. Define and explain these measures in detail. b. How does the investor choose the right measure? Explain it fully.How do you perceive the relationship between risk and return in the context of investment portfolios? Can you provide examples of how an investor might balance the two, and what factors influence their decision-making process in achieving an optimal risk-return profile?
- Describe the goal of a portfolio owner in terms of risk and return. How does he or she evaluate the risk characteristics of stocks being considered for addition to the portfolio?Using the data generated in the previous question (Question 1) Plot the Security Market Line (SML) b) Superimpose the CAPM’s required return on the SML c) Indicate which investments will plot on, above and below the SML?What follows is a brief summary of major investment risk characteristics that must be considered by investors when deciding among alternative investments.
