Examlex
Work release is representative of which era in the development of U.S.prisons?
Security Market Line
A line drawn on a graph that shows the relationship between risk and the expected return of the market, used in the capital asset pricing model to determine a security's risk premium.
APT
Arbitrage Pricing Theory, a multifactor model that describes the relationship between a financial asset's returns and its economic factors.
Market Portfolio
A theoretical bundle of investments that includes all types of assets available in the financial market, with each asset weighted according to its market capitalization.
No-Arbitrage Condition
A principle asserting that equivalent assets or combinations of assets should have the same price to prevent the possibility of risk-free profit through arbitrage.
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