CEDI (CEDIS) Definition

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CEDI (CEDIS) is a currency of Ghana.

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HEDGE, in securities, is a transaction that reduces the risk of an investment.

RISK ADJUSTED RETURN is when we subtract from the rate of return on an asset a rate of return from another asset that has similar risk. This gives an abnormal rate of return that shows how the asset performed over and above a benchmark asset with the same risk. We can also use the beta against the benchmark to calculate an alpha which is also risk adjusted performance.

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