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Risk is variability in expected return. the potential for loss. the possibility returns may be positive, zero, or negative. uncertainty of a future outcome. all
Risk is variability in expected return. the potential for loss. the possibility returns may be positive, zero, or negative. uncertainty of a future outcome. all of these are acceptable definitions.
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
