Hermione Is Considering an Investment That Has a ? Chance

question 175

Multiple Choice

Hermione is considering an investment that has a ? chance of paying a 10 percent rate of return and a ? chance of paying 2 percent. What is the average expected rate of return on the investment?

• A) 2 percent
• B) 6 percent
• C) 8 percent
• D) 10 percent

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Definitions:

Skill-based Pay Plans

Compensation strategies that reward employees based on the range, depth, or level of skills and competencies they demonstrate, rather than their job title or position.

Psychological Distance

The perception of an object, idea, or situation as being removed from the immediate sensory experience, affecting cognition and decision-making.

Employability

The set of skills, knowledge, understanding, and personal attributes that make an individual more likely to choose and secure occupations in which they can be satisfied and successful.

Continuously Learn

The process of constantly acquiring new knowledge or skills through study or experience.