Examlex
The S&P/ASX 200 index delivered a return of 2%, -2%, 10%, and -10% over four successive years. What is the arithmetic average annual return per year?
Market Efficiency
A concept that describes the degree to which stock prices and other securities' prices reflect all available, relevant information.
Portfolio Manager
A professional responsible for making investment decisions and carrying out investment activities on behalf of vested interests.
Interest-Rate Changes
Adjustments made by central financial authorities to the cost of borrowing money, which can influence economic activity and financial markets.
Coupon Bond
A debt security that pays the holder a fixed interest rate (coupon) periodically until the maturity date, at which time the principal is repaid.
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