Bonus

This economist and his student Richard Brumberg outlined a “hump-shaped” pattern of wealth accumulation that peaks in the middle of adulthood, called the “life-cycle hypothesis.” For 10 points each:
[10m] Name this economist who co-names a theorem often called “capital structure irrelevance.” That theorem, co-named for this economist and an American-born colleague, posits that how a firm is structured should not affect its value.
ANSWER: Franco Modigliani [prompt on Modigliani–Miller theorem]
[10e] The Modigliani–Miller theorem implies that equity rises with a ratio named for equity and this quantity. This quantity is the amount owed by one party to a creditor.
ANSWER: debt [or national debt]
[10h] The Modigliani risk-adjusted performance, which measures the risk-adjusted returns of some portfolios, is derived from this measurement. This measurement is the slope of a capital allocation line.
ANSWER: Sharpe ratio [or Sharpe index; or reward-to-variability ratio]
<NS, Social Science>

EditionsHeardPPBEasy %Medium %Hard %
1613.33100%33%0%

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Conversion

TeamOpponentPart 1Part 2Part 3TotalParts
Bruin AGeorgia Tech C1010020ME
Indiana BIllinois A010010E
IowaStanford B010010E
Oxford ACambridge A010010E
UC Berkeley AUC Berkeley B1010020ME
William & MaryVirginia Tech A010010E

Summary

TournamentEditionHeardPPBEasy %Medium %Hard %
California2025-02-01120.00100%100%0%
Lower Mid-Atlantic2025-02-01110.00100%0%0%
Midwest2025-02-01110.00100%0%0%
Overflow2025-02-01110.00100%0%0%
Southeast2025-02-01120.00100%100%0%
UK2025-02-01110.00100%0%0%