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When Addison Wilcox buys an H&R Block franchise, he becomes a franchisee.
Risk-Free Rate
A hypothetical interest rate associated with an absolutely risk-free investment, typically exemplified by government securities.
Market Portfolio
A theoretical bundle of investments that includes all available assets in the market, with each asset weighted according to its market capitalization.
Risk-Free Rate
The expected profit from an investment that carries no risk of losing money, frequently depicted through the interest rate of government bonds.
Market Portfolio
A theoretical bundle of all possible investments in the market, combined in such a way as to maximize the expected return for a given level of risk.
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