Examlex
In most cases,a franchisee does not have to get the franchisor's approval to sell the franchise to a third party.
Risk-free Rate
The theoretical return on investment with no risk of financial loss, often represented by the yield of government bonds like U.S. Treasury bills.
Expected Market Rate
The anticipated rate of return that investors predict to receive from the market as a whole over a specific period.
Myopic Behavior
Short-sighted decision-making focusing on immediate benefits rather than considering long-term consequences, often seen in investment choices.
Mean-variance Optimizers
A mathematical process used in finance to construct an investment portfolio that aims to maximize returns for a given level of risk.
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