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Briefly Describe the Sarbanes-Oxley Act and Explain Why It Was

question 105

Essay

Briefly describe the Sarbanes-Oxley Act and explain why it was passed.


Definitions:

Mean

The average of a set of numbers, calculated by dividing the sum of all numbers by the count of numbers.

Investment

The allocation of resources, usually financial, in expectation of generating an income or profit.

Portfolio Expected Return

The weighted average of the expected returns of the assets in an investment portfolio.

Equal Investment

A strategy where equal amounts of capital are allocated to each investment within a portfolio.

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