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What is the Standard and Poor's 500?
Net Present Value
A financial metric that calculates the present value of all cash inflows and outflows from a project or investment, taking into account the time value of money.
Internal Rate of Return
The discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Average Payoff
A measure used in decision theory and game theory to determine the expected value of an investment or decision under uncertainty.
Payoff Table
A table that shows the possible outcomes or payoffs of different decisions under various states of nature or scenarios.
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