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39. Equity premium puzzle studies may be subject to survivorship bias because A. the time period covered was not long enough. B. an inappropriate index

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39. Equity premium puzzle studies may be subject to survivorship bias because A. the time period covered was not long enough. B. an inappropriate index was used. C. the indexes used did not exist for the whole period of the study. D. both U.S. and foreign data were used. E. onlv U.S. data were used

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