Examlex
The three components of hope are willpower, waypower, and whypower.
Risk-Free Rate
The risk-free rate is the theoretical rate of return of an investment with zero risk, serving as a benchmark for measuring financial instruments' risk.
Arbitrage Opportunities
The chance to buy an asset at a low price in one market and simultaneously sell it at a higher price in another market, earning a risk-free profit.
Expected Returns
The average return an investor anticipates on an investment, based on historical data, projected performance, and market analysis.
Factor Portfolio
A well-diversified portfolio constructed to have a beta of 1.0 on one factor and a beta of 0 on any other factor.
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