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Discuss the emergence and rise of compulsory education for children in America. Be sure to discuss the birth of private and public schools. What were the driving forces behind the movement?
Required Rates of Return
The minimum annual percentage earnings needed from an investment to compensate for its risk, serving as a benchmark for evaluating potential investments.
Standard Deviations
A statistical measure of the dispersion or variability of a set of data points or investment returns from their average value.
Expected Return
The weighted average of the probable returns of an investment, calculated based on past performance or statistical analyses.
Market Risk Premium
The additional return expected from holding a risky market portfolio over a risk-free asset.
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