Bounds on returns consider a universe of just three securities. they have expected rates of return 10%, 20%, and 10%, respectively. two portfolios are known to lie on the minimum-variance set. Two portfolios are known to lie on the minimum-variance set They are defined by the portfolio weights w= 60, 20, 20 v= 80, -20, 40 It is also known that the market portfolio is efficientGiven this information, what are the minimum and maximum possible values for the expected rate of return on the market portfolio?

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.