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An Asset Has an Average Historical Rate of Return of 13.2

question 46

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An asset has an average historical rate of return of 13.2 percent and a variance of .00972196.What range of returns would you expect to see approximately two-thirds of the time?

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Definitions:

Auto Workers

Individuals who are employed in the automobile manufacturing industry.

Labor Unions

Organizations that represent workers in negotiations with employers regarding wages, working conditions, and other employment rights.

Collective Bargaining

The process in which workers, through their unions, negotiate with their employers on terms of employment, including wages, hours of work, working conditions, and benefits.

Negotiations

The process by which two or more parties discuss and attempt to reach a mutual agreement on matters of common interest.

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