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In what ways did education change from the Carolingian period to the twelfth century?
Expected Return
The anticipated average return on an investment, taking into account all potential outcomes and their probabilities.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Return Percentage
The amount of gain or loss on an investment over a specified period, presented as a percentage of the investment's initial cost.
Market Risk Premium
The additional return expected by investors for taking on the risk of investing in the stock market over a risk-free rate.
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