Examlex
Because most managers are ________,they tend to prefer that other managers also be ________.
Initial Investment
The amount of money used to start a project, purchase an asset, or invest in a financial instrument.
Rate of Return
The capital gain or loss realized on an investment over an allocated period, defined as a percentage of the investment’s preliminary cost.
Per Month
A time frame reference indicating occurrences or measurements within a calendar month.
Effective Annual Rate
A financial metric that represents the equivalent annual interest rate taking compounding into account, thus providing a more accurate measure of interest earned or paid over a year.
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