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The peak of Mt. Everest, at 10,900 meters, is the highest point above sea level in the world. What is its elevation in miles?
After-Tax Rate
The rate of return on an investment after accounting for taxes.
Diversified Portfolio
An investment portfolio composed of a variety of assets to reduce exposure to risk associated with any single asset or industry.
Capital Gains
The profit earned from the sale of assets or investments, such as stocks or real estate, measured by the difference between the sale price and the original purchase price.
Interest Rate Risk
The potential for investment losses due to changes in interest rates.
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