Examlex
Aristotle writes, "What is common to many is taken least care of, for all men have greater regard for what is their own than for what they possess in common with others." In this statement, Aristotle is referring to the free-rider problem that occurs when a person receives the benefit of a good without paying for it.
S&P 500
A stock market index that measures the stock performance of 500 of the largest companies listed on stock exchanges in the United States, often used as a benchmark for the overall market.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
Risk-Free Interest Rate
The hypothetical gain from an investment that is free from any risk of financial loss, frequently depicted by the government bond yield.
Futures Price Quote
A statement of the current market price for a futures contract, which is an agreement to buy or sell an asset at a future date at an agreed-upon price.
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