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Erik enjoys trying new things.He has just accepted a job opportunity in another country and is expected to pack his things and move within the next month.His friends tell him how impressed they are,because he views such extreme changes as exciting challenges.He is always the first in their group to try new activities or take entrepreneurial risks.This consistent tendency to respond positively to change is one of Erik's
Required Rate Of Return
The lowest annual gain percentage that persuades individuals or firms to allocate resources to a particular security or project.
Market Rate Of Return
The average rate of return anticipated by investors in a particular market, benchmarked against existing interest rates or historical returns.
Dividend
A portion of a company's profits allocated by the board of directors to its shareholders.
Preferred Stock
A class of ownership in a corporation that has a higher claim on the assets and earnings than common stock, typically with fixed dividends and without voting rights.
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