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Immunological theory is a cellular damage theory of aging.
Factor Betas
Measures of a security's sensitivity to various risk factors, indicating how much the security's returns are expected to change with those factors.
Multifactor APT
A model that describes the expected return on a security based on its exposure to multiple risk factors and the risk premia associated with those factors.
Macro Factors
Macro Factors are large-scale, national, or international elements or forces that affect the economy or the financial markets, such as inflation, unemployment, and fiscal policy.
Risk Premium
The additional return expected by an investor for taking on a higher risk compared to a risk-free investment.
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Q65: Explain the attraction-similarity hypothesis.
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