fade rate
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
The pace at which a firm's excess returns are assumed to decay toward its cost of capital.
The model's heroic because it barely fades margins; a realistic fade rate knocks a fifth off the value.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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