Examlex
Which one of the following properties is least characteristic of substances composed of small, covalently-bonded molecules?
Expected Return
The weighted average of all possible returns for a given investment, with weights being the probabilities of each outcome.
Risk-Free Rate
The hypothetical return rate on an investment that carries no risk of losing money, commonly illustrated by the interest rate on government securities.
Multifactor Model
A financial model that employs multiple factors in its calculations to explain market phenomena and/or equilibrium asset prices.
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