Examlex
If a corporation has no operations outside the U.S., its GAAP book and taxable income are identical.
Required Return
The minimum expected return by investors for undertaking an investment, considering its risk and the time value of money.
Index Fund
A type of mutual fund or exchange-traded fund designed to replicate the performance of a specific market index by holding the same investments as the index.
Market Risk Premium
The extra yield an investor anticipates by keeping a risky market portfolio over risk-free securities.
Beta
An indicator of how much the risk or instability of a security or portfolio deviates from the broader market.
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