Examlex
A transform fault is ____________ .
Excess Return
The return on an investment above the return of a benchmark or risk-free rate.
Treasury-bill Rate
The interest rate determined by the market for U.S. Treasury bills, which are short-term government securities.
Continuous Compounding
The process whereby interest earned is immediately reinvested to earn more interest, theoretically occurring an infinite number of times per period.
APR
Annual Percentage Rate, the annual rate charged for borrowing or earned through an investment, accounting for compounding.
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