Examlex
List and briefly describe the four guiding principles developed by Yokoyama and his employees at Pike Place Fish Market.
Discount Rate
The interest rate used to discount future cash flows to their present value, often reflective of the cost of capital or rate of return required.
Beta
A measure of a stock's volatility in relation to the overall market. A beta greater than 1 indicates a stock is more volatile than the market, while a beta less than 1 suggests it is less volatile.
Risk-Free Rate
The anticipated financial gain from an investment devoid of any risk, frequently indicated by the yields of government bonds.
After-Tax Cost of Debt
The net cost of debt after accounting for the tax deductions available on interest payments.
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