13. Examining Table 1.1, you can find many years in which Treasury bills produced greater returns than
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13. Examining Table 1.1, you can find many years in which Treasury bills produced greater returns than common stocks. How can you reconcile this fact with the statements made in the text citing a positive relationship between risk and return?
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Related Book For 
Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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