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Illusion cannot be created using the medium of fresco.
Expected Return
The weighted average of all possible returns for an investment, with weights being the probabilities of each outcome.
Two-Asset Portfolio
An investment portfolio comprising two types of assets, often used to analyze and understand the risk-reward trade-off in finance.
PHStat
A software tool that works with Microsoft Excel to perform statistical analysis.
Terminal Value
The estimated value of an asset at the end of an investment horizon or the continuing value of a business beyond the forecast period.
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