APFinancial Interests Universe of securities A group of stocks having a common feature, such as similar outstandingmarket capitalization or same product line. Unleveraged beta The beta of an unleveraged required return (i.e., no debt) on an investment when the investment is financed entirely by equity. Unleveraged program The use of borrowed funds to finance less than 50% of a purchase of assets. In a leveraged program borrowed funds are used to finance more than 50%. Unleveraged required... read more