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Chapter 13 of the Bankruptcy Act provides for an immediate liquidation of assets.
Present Value
The existing value today of a sum of money to be received in the future or continuous cash inflows, calculated at a certain rate of return.
Loanable Funds
The money available for borrowing, which includes savings that are available for investment and loans.
Random Walk
A theory suggesting that stock market prices follow a random path, making it impossible to predict future price directions based on past information.
Efficient Markets Hypothesis
A financial theory stating that asset prices fully reflect all available information, making it impossible to consistently achieve higher returns than the overall market.
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