The Results of an Election Are Summarized in the Preference

question 8

Multiple Choice

The results of an election are summarized in the preference table below. Using the plurality-with-elimination method of voting, determine the winner.

• A)X
• B)Z

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Definitions:

Expected Rate

The anticipated return on an investment, considering potential risks and historical returns.

Security's Beta

A measure of a security's volatility in relation to the overall market, indicating the risk associated with the investment.

Security Market Line

A graphical representation that shows the expected return of an asset at different levels of systematic, or market, risk.

Market Rate

The current interest rate available in the marketplace for securities or loans.