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At the beginning of the war, the Confederacy benefited from its
Market Risk
The possibility for investors to experience losses due to factors that affect the overall performance of the financial markets.
Total Risk
The complete spectrum of all types of risk that an investment or project could potentially face, including both systematic and unsystematic risks.
Expected Return
The expected return is the average return expected on an investment over a period.
Securities
Tradable financial instruments intended to provide returns to investors, which include equities, bonds, and options.
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