managed portfolios. Sharpe and Lintner have made 2 underlying assumptions for developing CAPM; 1. There exists a risk-free asset that investors may borrow or lend any amount of at the same rate. 2. Investors assign the same probability distributions to the end of period values of a given asset. This implies that investors have homogenous expectations regarding means‚ variances and covariances. CAPM has in summary‚ 2 main implications; there is a centre role for the market portfolio
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What Archaeological Evidence is there for work and Business in Pompeii? Like many towns in the Roman Empire‚ there were many jobs in Pompeii‚ and due to the fact that very few people had kitchens‚ many people owned restaurants‚ bars and various other “food shops”. As well as food shops other popular businesses included Fishmongers‚ Merchants‚ Weapon Smiths‚ Farmers and many more‚ most of the workers were however slaves. Fishing: Due to the fact that Pompeii was so close to the sea‚ a common
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Global Warming Ever since climate change science has come into public awareness‚ there has been debate over whether global warming was caused by humans‚ or even‚ if the climate is warming at all. Some people think climate change is a controversial topic‚ but it shouldn’t be controversial. This essay presents some facts that show that the climate is warming and humans are causing that warming. Not only that‚ it explains the consequences of global warming‚ the major causes‚ and the solutions to prevent
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What is accountability? The definition states: The obligation imposed by law or lawful order or regulation on an officer or other person for keeping accurate record of property‚ documents‚ or funds. The person having this obligation may or may not have actual possession of the property‚ documents‚ or funds. Accountability is concerned primarily with records. Accountability is a very important part of an enlisted and soldier’s job. The enlisted soldier is responsible for all items issued to him whether
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To some the word "Globalization" may seem a cliché. To others‚ it may appear an end in itself. Competitive pressures are creating the need for most companies to become Global. Globalization is one means for becoming and remaining a world-class competitor — a goal encased in the mission statements of most corporations. When developing a globalization strategy‚ it is clear that the emerging markets present the greatest opportunity. The growth projections for Europe‚ Japan and the United
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Was Bill’s freedom of expression rights violated in this case? Why or why not? Bill’s freedom of expression rights was not violated in this case because the school had already initiated a policy prohibiting the wearing of any gang symbols‚ which included earrings. "Gang members tend to wear specific apparel or colors to convey gang affiliation" (Essex‚ 2012‚ p. 114). If the school is aware of any gang activity going on in the community or school‚ the school officials have the right to prohibit
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What time is this place- This book talks about the idea of life with respect to change and time. It also talks about the embodiment of evidence of time in the physical world around us and its relationship between the external signals and our internal experiences which may or may not be life enhancing once. The author also argues that for individual wellbeing the quality of personal image of time is important‚ and it helps to manage the changes in external physical environment and a good image of
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What evidence supports the myth of King Arthur? “Some people believe that King Arthur is so inextricably tied up in Celtic Mythology that he must‚ in origin‚ have been‚ not a man at all‚ but a god.” Arthur is claimed as the king of almost every Celtic kingdom known. The 6th century saw many men names Arthur born into the royal families of Britain but‚ even though‚ there were many attempts to identify the great man himself amongst them‚ there can be little doubt that most of these people were only
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1. What is the ethical dilemma facing Wal-Mart in this case? Do Wal-Mart’s associates also face an ethical dilemma? If so‚ what is it? Wal-Mart is trying to implement the Kronos system which will automate a process that usually requires personal judgment. The Kronos system will create work schedules that are favorable to the company’s profit margin. Wal-Mart will be responsible for the potential conflicts the new system may cause its employees. Wal-Mart employees will face an ethical dilemma
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No More Boomerang by Kath Walker explores the struggles that the Aboriginal people had to face while adapting to the white way of living. The poem describes the difference between the life of an Aboriginal before and after the British colonization of Australia and how it is slowly changing for the worse and how their traditions and values are being replaced by the Western civilization and the white way of living. The emotions that are conveyed in the poem are of hatred and fearfulness towards the
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