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A(n)__________ Is Created When Two or More Persons Agree to Place

question 49

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A(n) __________ is created when two or more persons agree to place their money,labor,or skills in a business and to share the profits and losses.


Definitions:

Required Return

The lowest profit an investor anticipates making from an investment in a specific asset, considering its associated risk.

Required Rate of Return

A rephrased definition; the minimum percentage of return investors demand from an investment to compensate for its risk.

Constant Rate

A constant rate implies a steady, unchanging rate of growth or return over a specified period of time.

Year-End Dividend

A dividend payment made by a company to its shareholders at the end of its fiscal year.

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