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You own a stock that you think will produce a return of 11 percent in a good economy and 3 percent in a poor economy.Given the probabilities of each state of the economy occurring,you anticipate that your stock will earn 6.5 percent next year.Which one of the following terms applies to this 6.5 percent?
Attachment
A legal process that allows for the seizure of a defendant's property as security for the satisfaction of a judgment.
Security Interest
A legal claim or right granted by a debtor to a creditor over the debtor's property as security for a loan or obligation.
Perfection
In finance, the act of securing a priority interest in the collateral among creditors concerning the same collateral or property.
Mechanic Lien
A legal claim against a property by a contractor or repairman for unpaid work, securing payment for services rendered.
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