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Which of the following is not a key component of the STL?
Taxes
Mandatory financial charges imposed by governments on individuals, corporations, and transactions to fund public expenditures.
Hedge Funds
Investment funds that employ various strategies to earn active returns for their investors, often requiring a high minimum investment.
Arbitrage
A trading strategy that exploits price differences of identical or similar financial instruments on different markets or in different forms.
Derivatives Market
A market where financial instruments derived from other assets are bought and sold.
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