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When brothers and sisters commit torts against each other:
a. there is no immunity.
b. there is immunity for intentional torts but not for negligence.
c. there is immunity for negligence but not for intentional torts.
d. all of the above.
Systematic Risk Factors
Events or conditions that affect all assets to some degree, such as macroeconomic changes, geopolitical incidents, or widespread financial crises.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and impact costs.
Perpetual Cash Flow
A stream of cash flows that continues indefinitely, often used in financial modeling to value businesses or investments with steady, ongoing income.
Listed Beta
A financial metric that measures the volatility, or systemic risk, of a security or a portfolio in comparison to the market as a whole.
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