For each of the following statements, select the term that best describes or answers the statement:

The historical average return best at measuring the actual return on an investment as it takes into account the effects of compounding	Answer 1Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
A the price of investments reflects the available information concerning the investment.	Answer 2Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
The nominal return for an investment less inflation	Answer 3Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
The historical average return used to project future returns if future conditions are expected to be similar to those in the past	Answer 4Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
When you get a return on an investment than you'd expect given the riskiness associated with the investment	Answer 5Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
A statistical measure of risk if the frequency of investment returns resembles a normal distribution.	Answer 6Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return
Decline in the purchasing power of money	Answer 7Choose...variancestandard deviationreal returngeometric meaninflationarithmetic meancapital market efficiency hypothesisabnormal return