Examlex
The cyclical unemployment rate is defined as the __________ unemployment rates.
Securities
Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.
Capital Allocation Line
A line on a graph that shows the risk-reward ratio of portfolios that combine a risk-free asset and a risky portfolio.
Optimal Risky Portfolio
An investment portfolio that offers the highest expected return for a specific level of risk.
Risk-free Rate
The theoretical rate of return on an investment with zero risk, often represented by the yield on government securities.
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