Consider the Sharpe and Treynor performance measures. When a pension fund is large and well diversified in total and it has many managers, the measure is better for evaluating individual managers while the measure is better for evaluating the manager of a small fund with only one manager responsible for all investments that may not be fully diversified. A. Sharpe; Sharpe B. Sharpe: Treynor C. Treynor; SharpeD. Treynor; Treynor

Email viruses are typically launched by people who modify header information to hide their identity. brightmail's enrique salem says that in the future, your email reader will authenticate the sender before putting hte message in your inbox. that way, you will know the source of all the emails you read. alan nugent of novell says, "i'm kind of a fan of eliminating anonymity if that is the price for security." will eliminating anonymity make computers more secure?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.