What is the intuition behind using the average annual return as a measure of expected return?

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Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Apr 11, 2023 09:08 AM

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What is the reasoning behind using the average annual return as a measure of expected return?
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What is the intuition behind using the average annual return as a measure of expected return?

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The average annual return is a commonly used measure of expected return in finance The intuition beh...View the full answer

Fundamentals Of Corporate Finance

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