If You Invest 80% of Your Funds in GTE Stock

question 62

Multiple Choice

If you invest 80% of your funds in GTE stock with an expected rate of return of 11% and the remainder in International Paper stock with an expected return of 16%, the expected return on your portfolio is:

• A)11.8%.
• B)12%.
• C)12.6%.
• D)13.5%.
• E)None of the above

Understand the importance of avoiding dangling modifiers for clear writing.

Identify and correct tense errors in sentences.

Avoid common punctuation mistakes in business writing.

Identify and correct sentences with parallel structure issues.

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Definitions:

Nonunionized Workers

Employees who are not members of a labor union and therefore are not covered by collective bargaining agreements.

Unionized Workers

Employees who are members of a labor union, which represents their interests in negotiations with employers regarding wages, hours, and other working conditions.

Higher Wages

Compensation levels that exceed the minimum or average pay for a given role or industry, often used to attract or retain employees.

Sectoral Level

Pertains to the division or categorization of the economy or labor market into sectors based on economic activities.