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If buyers and sellers are free to pursue their own selfish interests,according to the invisible hand theory,the result would be:
Par Value
The face value of a bond or stock as designated in its charter, distinct from its market value.
After-Tax Basis
Financial calculations or comparisons made after accounting for the impact of taxes.
Cost of Debt
The effective rate that a company pays on its current debt, including interest payments and fees.
Capital-Asset-Pricing Model
A model used in finance to determine a theoretically appropriate required rate of return of an asset, considering its risk relative to the market.
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