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In her systematic desensitization sessions to overcome a fear of snakes,Rene develops a fear hierarchy of stimuli that cause anxiety.The hierarchy,from lowest to highest fear,consisted of seeing the word "snake," seeing a picture of a snake in a magazine,seeing a snake on TV,seeing a snake in the zoo,seeing a live snake in front of her,and finally having a snake crawl on her.During the final stages of the systematic desensitization program,the therapist would ask Rene to:
Market Price
The market value at which one can currently engage in buying or selling a service or asset.
Required Return
The minimum rate of return an investor expects to achieve by investing in a particular asset, taking into account the risk associated with the investment.
Real Return
The return on an investment after adjusting for inflation, showing the actual purchasing power gained or lost.
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