Create an account
the field that studies how people make decisions regarding the allocation of resources over time and the handling of risk
the amount of money today that would be needed using prevailing interesting rates to produce a given future amount of money (1+r)^n = 100
the amount of money in the future that an amount of money today will yield, given prevailing interest rates x/(1-r)^n
the accumulation of a sum of money in, say, a bank account, where the interest earned remains in the account to earn additional interest in the future
the reduction risk achieved by replacing a single risk with a large number of smaller, unrelated risks
the study of a company's accounting statements and future prospects to determine its value
efficient markets hypothesis
the theory that asset prices reflect all publicly available information about the value of an asset
the description of asset prices that rationally reflect all available information
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