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Discuss how alternative structures are used to circumvent state power, and provide an example to illustrate your points.
Risky Assets
Assets with a high degree of uncertainty regarding their returns, with the potential for both high losses and high returns.
Treasury Bills
Short-term government securities issued at a discount from the face value and mature at par.
Historical Returns
The past financial performance of an investment, often presented as an average annual return rate over a specific time period.
Small Firms
Companies with a smaller market capitalization, often characterized by higher potential growth and higher risk.
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