Examlex
Change 648 to base four.
Market
The collective system of buying, selling, and trading goods, services, or financial instruments among buyers, sellers, and intermediaries.
Discounted
Discounted involves adjusting the value of future cash flows to their present value using a specific interest rate, to account for time and risk.
Beta
A measure of the volatility, or systematic risk, of a security or portfolio in comparison to the market as a whole.
Systematic Risk
The risk inherent to the entire market or market segment, which is unavoidable through diversification.
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