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The timeline-followback procedure is essentially a behavioral record
Expected Rate
The anticipated return on an investment based on historical averages, interest rates, or economic indicators.
Illiquidity Premiums
Additional return expected by investors for holding assets that are difficult to trade quickly without significant price concessions.
Systematic Risk Factors
Events or conditions that affect all assets to some degree, such as macroeconomic changes, geopolitical incidents, or widespread financial crises.
Trading Costs
Expenses associated with buying and selling securities, including commissions, spreads, and impact costs.
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