Question
Consider a stock with the following three annual returns in the last three years: 9%, -4%, and 3%. On average, once in 40 years, the
Consider a stock with the following three annual returns in the last three years: 9%, -4%, and 3%. On average, once in 40 years, the return would be higher than what rate?
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Principles Of Investments
Authors: Alan Marcus, Zvi Bodie, Michael Drew, Anup Basu, Alex Kane
1st Edition
0071012389, 978-0071012386
