Present discussions in paragraph form with itemized headings for each of the 3 questions below. Consider each one as a two-to-four paragraph essay. Your report should be a non-sensitive, impersonal business report befitting a literate graduate from a top-50 business
school. Mechanical errors, such as spelling mistakes or disagreement between subject and verb tenses detract from quality. A high-impact report incorporates headers, itemization, short paragraphs, and smart sentences. Edit several times before submission.
Essay #1.
Market backdrop and portfolio performance (15 points maximum)
Summarize and reference one financial author who explains why market prices moved as they did during the recent past. Use your words and paraphrase his/her/their argument for “why and what happened to the financial market just then? “Debate the point. Link your portfolio gains, losses, and trading activity to the preceding argument.
Essay #2.
Use beta for your stock to find the economic profit(10 points maximum)
How much economic profit (%) did the start-up common stock create for a well-diversified portfolio? Compute ROR risk-adjusted throughout your common stock holding period.
Essay #3.
Choose one from below (15 points maximum)
3a.
Explain the rationale for the transaction that you executed for the second submission.
Document the extent by which the securities you sold at the midpoint perform relative to the replacements. Figure how the ending portfolio balance was affected. Or
3b.
Explain the effect of the foreign currency ETF on your portfolio. Discuss whether the currency appreciated or depreciated relative to the USD and other major currencies. Was there any currency for which the exchange rate moved so much during the game that your ending wealth would have been greater had you invested $100,000 beginning wealth to buy and hold that one ETF instead of the portfolio?