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A principal-agent problem arises when
Required Return
The minimum expected return an investor demands for investing in a non-risk-free asset.
Hacksaw Blade
A replaceable, toothed strip used in a hacksaw for cutting materials such as metal and plastic.
Adjustable Wrench
A wrench with one fixed and one movable jaw, enabling it to span a wide range of dimensions. The position of the movable jaw is determined by rotating a helical adjusting worm.
Box-End Wrench
A hex or double hex wrench designed to completely enclose a bolt or nut and evenly apply torque to it.
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