Which type of hedge has elements of speculation?

If the actual rate of return on an investment portfolio is constant from year to year, the standard deviation of that portfolio is zero

Indicate whether the statement is true or false.

As an HR manager, you learn that an employee is being overpaid. What would be the best way to handle this situation?

A) promote the employee, if qualified, to a job in a higher pay grade B) bring the job rate and employee into line with a pay cut C) freeze the rate until cost-of-living increases bring it into line D) redesign the job by quantifying it with the factor comparison method