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If you see the stars and constellations rotating around a point in the night sky in the clockwise direction, you are looking north.
Risk-Free Rate
The return on an investment with no risk of financial loss, often represented by the yield on government bonds.
Discount Rate
The interest rate charged to commercial banks and other financial institutions for the loans they take from the central bank or the rate used in discounted cash flow analysis to determine the present value of future cash flows.
Annually
Pertaining to an occurrence, calculation, or payment that happens every year.
Payment Schemes
Systems or methods used to transfer money between entities, often involving structured processes and standards for executing transactions.
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