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Briefly explain, when using the CAPM, which value should be used for the risk-free interest rate.
Brown Case
Also known as Brown v. Board of Education, a landmark 1954 U.S. Supreme Court decision that declared state laws establishing separate public schools for black and white students to be unconstitutional.
Supreme Court
The highest federal court in the United States, serving as the ultimate arbiter of legal and constitutional disputes.
Segregation
The mandatory division of various ethnic groups within a nation, community, or institution.
Jim Crow
Laws and practices in the United States that enforced racial segregation and discrimination against African Americans from the late 19th century into the 1960s.
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