For each of the following statements, select the term that best describes or answers the statement: The historical average return used to project future returns if future conditions are expected to be similar to those in the Choose past Choose. A the price of investments reflects the available information concerning the investment. variance The historical average return best at measuring the actual inflation return on an investment as it takes into account the effects of arithmetic mean compounding geometric mean When you get a return on an investment than you'd expect given the riskiness associated with the investment capital market efficiency hypothesis The nominal return for an investment less inflation real return A statistical measure of risk if the frequency of investment abnormal return returns resembles a normal distribution. standard deviation Decline in the purchasing power of money Choose