Examlex
The Joint Commission now requires which of the following to be documented in the client record?
APT
The Arbitrage Pricing Theory, an asset pricing model that predicts a security's returns using the linear relationship of its expected return with macroeconomic factors.
Developed
Refers to countries or regions with advanced economic systems, typically characterized by high gross domestic product (GDP) and well-developed infrastructure.
Arbitrage Opportunity
The chance to buy an asset at a low price in one market and simultaneously sell it at a higher price in another market to profit from the price difference.
Risk-Free Rate
The estimated rate of profit from an investment void of risk, usually showcased by the return on government securities.
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