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Consider two possible investments with the same expected rate of return.Over the past several months,investment A has had an average closing price of $14.00 and a standard deviation of $4.00.Investment B has had an average closing price of $58.00 and a standard deviation of $15.00.The market value of investment A fluctuates relatively more than investment B.
Zero-Balance Account
A bank account maintained with a balance of zero, where funds are transferred to cover checks presented for payment.
Chequing Account
A bank account from which money can be withdrawn without notice, usually through the issuance of checks.
Master Account
An overarching account that has the authority and capability to control other accounts within a financial or investment framework.
Lockbox System
A service offered by banks to companies for the receipt of payment from customers, directly into a bank's post office box, to minimize the time it takes to deposit checks and access funds.
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