经济萧条、正常、繁荣可能发生的概率分别为25%、55%、20%,有一种风险资产组合在三种情况下的收益率分别为1%、5%、12%。目前,市场上股票型基金、国库券、债券型基金分别可向投资者提供10.6%、5.4%、7.8%的收益率。则理性的投资者是否会投资于该风险资产组合?()
A. 会,可以获得2.4%的风险溢价
B. 会,可以获得5.2%的风险溢价
C. 不会,不能获得风险溢价
D. 会,因为该资产组合无风险
Comparisons were drawn between the development of television in the 20th century and the diffusion of printing in the 15th and 16th centuries. Yet much had happened【C1】______ . As was discussed before, it was not【C2】______ the 19th century that the newspaper became the dominant pre-electronic【C3】______ , following in the wake of the pamphlet and the book and in【C4】______ of the periodical. It was during the same time that the communications revolution【C5】______ up, beginning with transport, tile railway, and leading【C6】______ through the telegraph, the telephone, radio, and motion pictures【C7】______ the 20th-century world of the motor car and the airplane. Not everyone sees that process in【C8】______ . It is important to do so.
It is generally recognized,【C9】______ , that the introduction of the computer in the early 20th century,【C10】______ by the invention of the integrated circuit during the 1960s, radically changed the process,【C11】______ its impact on the media was not immediately【C12】______ As time went by, computers became smaller and more powerful, and they became "personal" too, as well as【C13】______ , with display becoming sharper and storage【C15】______ increasing. They were thought of, like people,【C14】______ generations, with the distance between generations much【C16】______
It was within the computer age that the term "information society" began to be widely used to describe the【C17】______ within which we now live. The communications revolution has【C18】______ both work and leisure and how we think and feel both about place and time, but there have been【C19】______ views about its economic, political, social and cultural implications. "Benefits" have been weighed【C20】______ "harmful" outcomes. And generalizations have proved difficult.
【C1】
A. between
B. before
C. since
D. later