Examlex
Which of the following is not a financial intermediary?
Variance
The measurement of the spread between numbers in a data set, indicating how much the numbers diverge from the average.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of values, often used in finance to assess the volatility of an investment.
Certainty Equivalent Rate
The certain return providing the same utility as a risky portfolio.
Risk-Free Investment
An investment that is expected to return its original investment value without any loss.
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