A bank is considering two investment portfolios composed of a mix of government securities (federal and municipal securities). The first portfolio (A) has a return of 6% with probability of 0.9 and returns of 5% and 7% with 0.05 probability. The second portfolio (B) has a return of 5% with probability of 0.05 and a return of 7% with a probability of 0.5. The portfolios have the same liquidity. Which portfolio has the best combination of risk, return, and liquidity, A or B

Burnley and co., a graphic design firm, has offices in new york, texas, california, new mexico, and new jersey. each of these offices is headed by a president who reports directly to emma burnley, the ceo. the heads of the centralized hr, finance, and marketing teams report to emma burnley as well. managers in the various offices also report to the ceo directly. based on this information, which of the following statements is most likely to be true? a) emma burnley has a wide span of control. b) burnley and co. has a tall hierarchical structure. c) emma burnley is underworked. d) burnley and co. is a mechanistic organization.