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What was the issue in Regina v. Sparrow (1990) ?
Risk Characteristics
The inherent features of an investment that determine its potential return and the likelihood of loss.
Risk-Free Rate
The theoretical rate of return on an investment with zero risk, typically associated with government bonds.
Market Risk Premium
The extra return that investors require to hold a risky market portfolio instead of risk-free assets.
Beta
A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.
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