Search for over 100,000 study notes and past assignments!



Download study resources by swapping your own or buying Exchange Credits.



Study from your library anywhere, anytime.

7 Pages Essays / Projects Year: Pre-2018

The Benefits of Diversification Sheree has A=4, the highest utility appears when she invests the Utilities industry which U is 0.1361% with expected return 0.38% and standard deviation 3.49%. Levi has A=2, the highest utility appears when he invests all the money into consumer discretionary (COND) industry, which gives him U=0.2611% with expected return 0.46% and standard deviation 4.46%. it is worth mentioning that even if the expected monthly return in utility industry is the lowest among all 10 industries, but it has the lowest variance among ten industries. Sheree has high risk aversion parameter (A=4), the lowest risk investment gives her the highest utility.

This document is 20 Exchange Credits

More about this document:

This document has been hand checked

Every document on Thinkswap has been carefully hand checked to make sure it's correctly described and categorised. No more browsing through piles of irrelevant study resources.

This is an Essay / Project

Essays / Projects are typically greater than 5 pages in length and are assessments that have been previously submitted by a student for academic grading.

What are Exchange Credits?

Exchange Credits represent the worth of each document on Thinkswap. In exchange for uploading documents you will receive Exchange Credits. These credits can then be used to download other documents for free.

Satisfaction Guarantee

We want you to be satisfied with your learning, that’s why all documents on Thinkswap are covered by our Satisfaction Guarantee. If a document is not of an acceptable quality or the document was incorrectly described or categorised, we will provide a full refund of Exchange Credits so that you can get another document. For more information please read Thinkswap's Satisfaction Guarantee.

Academic Integrity
Studying with Academic Integrity

Studying from past student work is an amazing way to learn and research, however you must always act with academic integrity.

This document is the prior work of another student and has been made available to plagiarism detection tools. Do not copy from this work. Understand how you can responsibly use this work by visiting ‘Using Thinkswap resources correctly’.

Claim a Bounty

FINC3017 Essay - Page 1
Page 1 /7
Page 1 /7

Similar documents to "FINC3017 Essay" avaliable on Thinkswap

Documents similar to "FINC3017 Essay" are suggested based on similar topic fingerprints from a variety of other Thinkswap Subjects

Browse USYD Subjects


High School