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What are the benefits and drawbacks of a plural executive? Should Texas restructure its executive? Why or why not?
Countercyclical Stock
A stock of a company whose performance is inversely related to the economy's overall performance; it tends to do well during economic downturns.
Security Market Line
A line that represents the relationship between risk and expected return of the market in the Capital Asset Pricing Model (CAPM).
Portfolio Beta
A measure used to determine the volatility of a portfolio's returns relative to the overall market.
Expected Return
The anticipated profit or loss from an investment, calculated as an average of all possible outcomes weighted by their likelihood of occurrence.
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