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Are There Any Concerns in Connection with Starting a Small

question 9

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Are there any concerns in connection with starting a small business that Jack and Bruce have not considered?


Definitions:

Probability

Probability is a branch of mathematics that measures the likelihood of a given event's occurrence, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Returns

The profit or loss derived from investing or saving, often expressed as a percentage of the original investment.

Risk Premium

The return in excess of the risk-free rate of return that an investment is expected to yield.

Risky Asset

An investment that carries a significant possibility of losing some or all of its value.

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