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Capital Asset Pricing Theory asserts that portfolio returns are best explained by:
Medicare
A federal health insurance program in the United States for people aged 65 and over, as well as for some younger people with disabilities.
Payroll Deductions
Amounts subtracted from an employee's gross salary for taxes, insurance premiums, benefits, and other payroll-related charges.
Liabilities
Debts or duties a firm has towards third parties, necessitating repayment through the allocation of economic advantages over time.
Federal Unemployment Taxes
Taxes imposed on employers to fund the federal government's oversight and support of state unemployment insurance programs.
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