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e. CAGR (compound common advancement return). A money investor is actually enthusiastic about the net return attained 12 months after year, Therefore usage of geometric is much more ideal. Hence we'd use geometric normal for chance free level and chance premium for every of your 3 divisions, as given in show five on the case.
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During the dialogue, authors will explain their interpretation in their results and theorize on their own great importance to current and upcoming exploration.
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