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A Communications ____________________, or Link, Is a Physical Path or a Frequency

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Short Answer

A communications ____________________, or link, is a physical path or a frequency for a signal transmission.

Identify and calculate risk premiums and understand their role in compensating for systematic risk.
Understand portfolio beta as a measure of systematic risk and how it is computed from individual investment betas.
Recognize the effects of stock price changes on portfolio value.
Gain insight into the concepts of dividend growth rate and required return on investment to determine stock prices.

Definitions:

Accrued Vacation Benefits

The amount of vacation time earned by employees but not yet taken or paid out, often recorded as a liability on the employer's balance sheet.

Adjusting Entry

An accounting entry made in the general ledger to update the book values of assets, liabilities, revenues, and expenses at the end of an accounting period.

Estimated Liabilities

Obligations that a company expects to settle in the future, the amount and/or timing of which are uncertain.

Unearned Revenues

Money received by a company for goods or services yet to be provided, recognized as a liability until the service or good is delivered.

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