Examlex
The corporation has the most continuity of the forms of business.
Risk-free Asset
A financial instrument that is considered to have no risk of financial loss, typically issued by a government.
Sharpe Measure
A method to evaluate the risk-adjusted return of an investment, comparing portfolio excess return to the standard deviation of the portfolio.
Excess Returns
The return on an investment above the return expected from risk-free investments or the market's benchmark.
Risk-free Asset
An investment that is assumed to have no risk of financial loss, often exemplified by government bonds.
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