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The efficient frontier is the upper part of the corresponding curves. A combination of assets, i.e. a portfolio, is referred to as "efficient" if it has the best possible expected level of return for its level of risk (which is represented by the standard deviation of the portfolio's return). [ 3] Here, every possible combination of risky ...
The history of the United States from 1917 to 1945 was marked by World War I, the interwar period, the Great Depression, and World War II . The United States tried and failed to broker a peace settlement for World War I, then entered the war after Germany launched a submarine campaign against U.S. merchant ships that were supplying Germany's ...
Rationing in the United Kingdom. Civilian rationing: A shopkeeper cancels the coupons in a British housewife's ration book in 1943. Rationing was introduced temporarily by the British government several times during the 20th century, during and immediately after a war. [ 1][ 2] At the start of the Second World War in 1939, the United Kingdom ...
Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was lowered from $5,000,000 ...
The notes feature images that focus on historic Canadian achievements and innovation. Printed on polymer, the 2011 Frontier series was the first series issued by the Bank of Canada printed on a material other than paper. The 2011 Frontier series is being followed by the Vertical series . The banknotes were designed by the Canadian Bank Note ...
Royalty payment. A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and ...
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