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Closed-end fund

A closed-end fund is a type of professionally managed fund having a defined portfolio (the combination of several scripts) based on a fixed number of shares issued in an initial…

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Terminal value

Terminal value (TV) is the value of an asset, asset, or project beyond the expected period when it is possible to estimate future cash flows.

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components of risk premium

The risk premium is the excess return above the risk-free rate that investors demand in compensation for the increased uncertainty associated with risky assets.

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