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After several years of study as a part-time student,Alex recently earned a degree in marketing at a local college.The growth in global markets may increase Alex's job opportunities,but it will also require him to continually update his skills or seek further education.
As businesses expand to serve global markets,new jobs will be created.But global markets will also create more competition.In order to remain competitive,U.S.workers will have to continually update their knowledge and skills.
Expected Rate of Return
The weighted average of possible returns for an investment, acknowledging different scenarios and their probabilities.
Boeing
An American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide.
Risk-Free Rate
The return on an investment with no risk of financial loss, typically represented by the yield on government Treasury bonds.
Well-Diversified Portfolio
A portfolio spread out over many securities in such a way that the weight in any security is close to zero, resulting in negligible diversifiable risk.
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