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Explain the Strickland Standard and why it came about. Is it difficult to prove
both prongs of the Strickland standard? Why or why not?
Systematic Risk
The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk.
Security Held
A financial asset, such as stocks or bonds, that is owned and possessed by an investor or institution.
Realized Return
The actual gain or loss achieved on an investment over a specified time period.
Expected Component
A forecasted part or aspect of a financial analysis or investment, often based on trends or historical data.
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