Historical Returns The historical returns presented in the chapter are not adjusted for inflation. What would happen

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Historical Returns The historical returns presented in the chapter are not adjusted for inflation. What would happen to the estimated risk premium if we did account for inflation? The returns are also not adjusted for taxes. What would happen to the returns if we accounted for taxes? What would happen to the volatility?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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