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Most people's values are not a system at all; they are typically a collection of general principles, practical conclusions, and emotional pronouncements.Your challenge is to create a more refined and accurate____________ , an enlightened system of values that you can use to guide your moral decisions.
Negative Beta
A measure indicating the inverse relationship between the return of a stock and the return of the overall market.
SML
Security Market Line, a graphical representation of the Capital Asset Pricing Model (CAPM) showing the relationship between the expected return of a security and its risk.
CAPM
Short for Capital Asset Pricing Model, a financial model that describes the relationship between systematic risk and expected return for assets.
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.
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