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A decrease in the expected real growth in the economy, all other things constant, will cause the security market line to
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return, reflecting time value of money.
Future Value
The value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.
Discount Rate
The interest rate used to calculate the present value of future cash flows.
Present Values
The today's worth of a future cash amount or cash flow series, determined by a given rate of return.
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