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____________________ is the complete redesign of business structures and processes in order to improve operations.
Risk-free Asset
An investment that is assumed to have no risk of financial loss, typically represented by government bonds.
Nominal Terms
Values or figures that have not been adjusted for inflation, representing current prices or values.
Treasury Bills
Short-term U.S. government debt obligations with maturities of one year or less, considered a safe and liquid investment.
Optimal Weights
The proportion of each asset in a portfolio that maximizes its expected return for a given level of risk.
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