Examlex
Name the types of processes that are illustrated in the following example.
-Magma, or melted rock inside the earth, rises to the surface. It moves up through a channel called a conduit. When the magma reaches the surface, gas is released.
Dividend
A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis, as determined by the company's board of directors.
Jensen's Measure
A performance evaluation method that calculates the excess return a fund generates over its expected return, given its level of risk as measured by beta.
Market Portfolio
A market portfolio is a theoretical bundle of all investable assets in the market, with each asset weighted according to its market capitalization, representing the entire market or a significant segment of it.
Risk-Free Return
The theoretical return attributed to an investment with zero risk, often represented by the yield on government securities.
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