Exhibit 16A A carbohydrate Fischer projection.
-Refer to Exhibit 16A. The carbohydrate shown is
Definitions:
Risk-free Interest Rate
The theoretical return of an investment with no risk of financial loss, typically represented by government bonds.
Portfolio Beta
An indicator of the level of systematic risk or volatility in a portfolio relative to the overall market.
Market Portfolio
A portfolio consisting of all assets available in the market, with each asset weighted according to its market capitalization.
Risk-free Rate
A hypothetical yield of an investment that is considered to have no financial risk, usually mirrored by the returns on government bonds.
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