Question
In the last 100 years the US stock market had an average real return of 7% while the European stock market had an average real
In the last 100 years the US stock market had an average real return of 7% while the European
stock market had an average real return of 5%. In both cases the volatility was 20%. Is this a
significant difference?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
