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State the Properties of the Normal Curve
-The area under a standard normal density curve with mean of 0 and standard deviation of 1 is
New Product
An item recently introduced to the market that serves a particular need or niche, differing from existing products in some significant way.
Erosion
In finance, the gradual reduction of earnings or assets, often due to competition or other external factors.
Patent
A form of intellectual property right granting the patent holder the exclusive right to make, use, sell, and offer for sale the patented invention for a certain period of time.
Final Cash Flow
Final Cash Flow is the last cash inflow or outflow in a series of transactions, often associated with the termination or exit of an investment.
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