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The Absence of Stripes on the Wings Is the Ancestral

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The absence of stripes on the wings is the ancestral state of a family of butterflies.One lineage contains five species, four with red stripes and one with no stripes.Genetic analysis revealed that the species without stripes recently lost these stripes.This is an example of _______, which is a(n) _______.


Definitions:

Constant

A fixed value that does not change in mathematical expressions or in the formulation of algorithms and calculations.

Expected Dividend

The projected payment a company is expected to distribute to its shareholders from its earnings.

Market Risk Premium

The market risk premium is the additional return an investor expects from holding a risky market portfolio instead of risk-free assets.

Risk-Free Rate

The theoretical rate of return on an investment with no risk of financial loss, often represented by government bonds.

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