问题如下:
In the private wealth area, the firm has designed five sub-portfolios with differing asset allocations that are used to fund different client goals over a five-year horizon. Exhibit 1 shows the expected returns and volatilities of the sub-portfolios and the probabilities that the sub-portfolios will exceed an expected minimum return. Client Luis Rodríguez wants to satisfy two goals. Goal 1 requires a conservative portfolio providing the highest possible minimum return that will be met at least 95% of the time. Goal 2 requires a riskier portfolio that provides the highest minimum return that will be exceeded at least 85% of the time.
Exhibit 1 Characteristics of Sub-portfolios
Based on Exhibit 1, which subportfolios best meet the two goals expressed by client Rodríguez?
选项:
A.Subportfolio A for Goal 1 and
Subportfolio C for Goal 2.
Subportfolio B for Goal 1 and
Subportfolio C for Goal 2.
Subportfolio E for Goal 1 and Subportfolio A for Goal 2.
解释:
A is correct.
Goal 1 requires a success rate of at least 95%, and Subportfolio A has the highest minimum expected return (2.05%) meeting this requirement. Goal 2 requires the highest minimum expected return that will be achieved 85% of the time. Subportfolio C meets this requirement (and has a minimum expected return of 3.26%).
NO.PZ2018110601000039 这个题与No.PZ2018011501000006重复,麻烦后台技术修改一下。