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Use properties of logarithms to evaluate the expression.
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Active Management
The use of a human element, such as a single manager or a team of managers, to actively manage a fund's portfolio.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and market impact costs.
Trading Rule
A guideline or criterion for making decisions in financial markets, often based on technical indicators or financial data.
Dow Average
A stock market index that represents the stock performance of 30 large, publicly-owned companies based in the United States.
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