Rita Has Recently Been Promoted from Bank Teller to First-Level

question 14

Multiple Choice

Rita has recently been promoted from bank teller to first-level manager.As a result of the promotion,she is now in charge of eight bank tellers.Rita can best be described as a _____.

• A)supervisor
• B)shareholder
• C)top-level manager
• D)senior manager

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Definitions:

Forecasted Market Return

An estimate of the total return anticipated from a market or an investment over a specified future period.

T-Bill Rate

The yield on U.S. Treasury bills, which are short-term government securities, serving as a benchmark for short-term interest rates.

Covariances

Covariance is a measure used in statistics to determine how much two random variables vary together.

Portfolio Variance

A measurement of the dispersion of returns of a portfolio, indicating the degree of investment risk.