Examlex
The table shown displays voters' preferences in an election.
If a first-past-the-post vote is taken by the school board to determine which project gets funded, which option is most likely to win?
Risk-to-reward Ratio
A measure used by investors to compare the expected returns of an investment to the amount of risk undertaken to capture these returns.
Constant
A fixed value that does not change in mathematical equations or in the context of specific calculations.
Security Market Line
A line that represents the relationship between the expected return of a market security and its risk, as measured by beta.
Market Rate
The market rate, often related to interest or exchange rates, is the prevailing rate determined by supply and demand dynamics in the open market.
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