In 2009, ________was the most significant financial asset of Taiwanese households in terms of total value.

In 2009, ______of the total assets of Taiwanese households were domestic financial assets.

The smallest component of domestic net worth of Taiwan in 2009 was_______.

Investment bankers perform the following role(s) ________.

Mortgage-backed securities were created when _________began buying mortgage loans from originators and bundling them into large pools that could be traded like any other financial asset.

A mutual fund had NAV per share of \$37.12 on January 1, 2009. On December 31 of the same year the fund's rate of return for the year was 11.0%. Income distributions were \$2.26 and the fund had capital gain distributions of \$1.64. Without considering taxes and transactions costs, what ending NAV would you calculate?

Closed end funds are frequently issued at a ______to NAV and subsequently trade at a ________to NAV.

In a return-standard deviation space, which of the following statements is (are) true for risk-averse investors? (The vertical and horizontal lines are referred to as the expected return-axis and the standard deviation-axis, respectively.) I) An investor's own indifference curves might intersect; II) Indifference curves have negative slopes; III) In a set of indifference curves, the highest offers the greatest utility; IV) Indifference curves of two investors might intersect.

You invest \$100 in a risky asset with an expected rate of return of 0.11 and a standard deviation of 0.20 and a T-bill with a rate of return of 0.03. What percentages of your money must be invested in the risky asset and the risk-free asset, respectively, to form a portfolio with an expected return of 0.08?

As the number of securities in a portfolio is increased, what happens to the average portfolio standard deviation?

Consider an investment opportunity set formed with two securities that are perfectly negatively correlated. The global minimum variance portfolio has a standard deviation that is always