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Location-Based Applications Link the Virtual World of Social Networking with the Physical

question 26

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Location-based applications link the virtual world of social networking with the physical world of retail outlets and other businesses.


Definitions:

Equity Mutual Funds

Mutual funds that primarily invest in stocks, aiming for growth by capital appreciation.

Indexed

A strategy or financial instrument that is designed to track a specified basket of stocks or index, aiming to mirror its performance.

Cumulative Abnormal Returns

The aggregate difference in an asset’s observed versus expected returns over a specific timeframe, often used to assess impact of an event.

Takeover Announcement

A public declaration that a company intends to acquire another company, often triggering changes in the stock prices of both companies involved.

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