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Peers and subordinates provide feedback on manager performance in merit pay programs.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
Volatility
A statistical measure of the dispersion of returns for a given security or market index, indicating the degree of variation from the average.
Hedge Ratio
A ratio used to calculate the number of derivatives needed to hedge a particular position, aiming to provide protection against adverse price movements.
Dollar Change
The difference in the price of a security from one trading period to the next, expressed in dollars.
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