Examlex
According to Max Weber,bureaucracies are characterized by hierarchical authority structures.
Yield-to-Maturity
The total return anticipated on a bond if the bond is held until its maturity date, considering all interest payments and the repayment of principal.
Internal Rate of Return
The discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Beta
A gauge of the variability in a stock's price relative to the whole market.
Risk-Free Rate
The anticipated rate of return on an investment devoid of risk, commonly represented by the interest rates of government bonds.
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