The average rate of return on investments in large stocks has outpaced that on investments in Treasury

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The average rate of return on investments in large stocks has outpaced that on investments in Treasury bills by about 8%

since 1926. Why, then, does anyone invest in Treasury bills?(Appendix)

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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