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On the continuum of empowerment, what is the highest level of empowerment that requires the most complex skills?
Beta Coefficient
A measure of a stock's volatility or risk relative to the overall market.
Market Risk Premium
The extra return expected by investors for holding a risky market portfolio instead of risk-free securities.
Risk-free Interest Rate
The theoretical return on investment with zero risk of financial loss, typically associated with government bonds.
Total Risk
The sum of all risks affecting an investment, including both systematic (market) and unsystematic (individual) risks.
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