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In spite of the democratic form of Japan's Constitution of 1890, the nation remained under the control of a ruling oligarchy.
Risk-Free Rate
An interest rate that serves as a benchmark for the minimum return investors should expect because it carries no risk of financial loss.
Growth Rate
The rate at which a company's earnings or the economy's output increases over time.
Expected Return
The anticipated amount of profit or loss an investment is likely to generate over a specific period.
Required Return
The minimum expected return an investor demands for the level of risk taken on an investment.
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