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In general, which of the following did not occur in western Europe after the decline of Roman authority?
British Securities
Financial instruments issued in the United Kingdom, including stocks, bonds, and other investment vehicles.
Total Return
The overall financial gain or loss on an investment, including both capital appreciation and income received.
Risk-Free Rate
The return on an investment with zero risk, typically represented by the yield on government bonds.
Forward Rate
An agreed-upon price for a financial transaction that will occur at a future date, used in the trading of currencies, commodities, and financial instruments.
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