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Dominant powers in the world system are peaceful,thus,their military expenditures have been quite small in compared to poorer countries.
Common Equity
Common equity consists of a company's share capital and retained earnings, representing ownership interests in a corporation.
Valuation Model
A systematic approach used to determine the present value of an asset or a company based on expected future cash flows or earnings.
Weighted Average
A statistical measure calculated by multiplying each number in the data set by a predetermined weight and then summing all the products together to find their average, often used in finance for rates or costs.
Free Cash Flow
Free cash flow represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
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