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A(n) _____ structure has a wide span, is horizontally dispersed, and has fewer hierarchical levels.
Interest
The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
Risk Averse
The preference to avoid uncertainty and potential losses in decision-making, favoring safer options even if they offer lower potential returns.
Portfolio
A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds.
Diversification
A risk management strategy that mixes a wide variety of investments within a portfolio to reduce exposure to any single asset or risk.
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