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Tom's portfolio consists solely of an investment in Merck stock.Merck has an expected return of 13% and a volatility of 25%.The market portfolio has an expected return of 12% and a volatility of 18%.The risk-free rate is 4%.Assume that the CAPM assumptions hold in the market.
-Assuming that Tom wants to maintain the current volatility of his portfolio,then the amount that Tom should invest in the market portfolio to maximize his expected return is closest to:
Proactive Commitment
The dedication to take initiative and anticipate future problems, needs, or changes.
Interactional Justice
The perceived fairness of the interpersonal treatment received from others, especially in the context of decision-making processes.
Procedural Justice
Procedural justice concerns the fairness and transparency of the processes used to make decisions, often affecting individuals' perceptions of legitimacy and fairness in organizations.
Performance Reviews
Formal assessments where an employee's job performance is evaluated, typically by their supervisor, to provide feedback and identify areas for improvement.
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