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Sharpe's RVAR measures the slope of the line between RF and the portfolio being evaluated.If the line is plotted between RF and a market index,where would superior portfolios lie? Inferior portfolios?
Defined Benefit Plans
A retirement plan where employee benefits are calculated using a formula that considers factors such as salary history and duration of employment.
Deferred Profit-sharing Plans
A type of retirement plan in which employees receive a share of the company's profits at a future date, typically upon retirement.
Contributory Benefits
Benefits, typically related to pension or insurance, that require contributions from both the employee and the employer.
Indirect Pay System
A compensation approach that includes non-wage benefits provided to employees, such as health insurance, retirement plans, and paid time off.
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