A market index consists of 100 assets. Investment 1 consists of one asset that is randomly chosen from the index. Every month the asset is replaced by a new randomly chosen asset. Investment 2 equally weights all assets in the index. Over a period of 100 months, the annualized standard deviation of Investment 1 is most likely:
您的回答B, 正确答案是: C
A
less than the annualized standard deviation of Investment 2.
B
不正确equal to the annualized standard deviation of Investment 2.
C
greater than the annualized standard deviation of Investment 2.
