Question
Historical records regarding return on stocks, Treasury bonds, and Treasury bills between 1926 and 2022 show that stocks and specifically mid-cap or low cap stocks
Historical records regarding return on stocks, Treasury bonds, and Treasury bills between 1926 and 2022 show that stocks and specifically mid-cap or low cap stocks , have the highest volatility of share price and returns.
Why is that ?
Please be concise but explain completely.
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
15th edition
77861612, 1259194078, 978-0077861612, 978-1259194078
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