Historical rates of return over the last century in other countries suggest the U.S. history of stock
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Historical rates of return over the last century in other countries suggest the U.S. history of stock returns may be a positive outlier compared to other countries. This would suggest that its historical experience may overstate realistic projections for future performance as well as the risk premium demanded by stock market investors. p-963
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ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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