Examlex
Use properties of logarithms to expand the logarithmic expression as much as possible. Where possible, evaluate
logarithmic expressions without using a calculator.
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Mutual-Fund Performance
An assessment of how a mutual fund has achieved its investment objective over a set period, typically measured by changes in net asset value and investment returns.
Market Returns
The total return, including capital gains and dividends, from investing in financial markets over a specified period.
Historical Performance
Refers to the past financial results and operations of a company or investment, used to predict future performance.
Efficient-Market Hypothesis
The theory that all existing information is already reflected in stock prices, thus making it impossible to consistently achieve higher returns than the overall market through stock selection or market timing.
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