Question
Multiple choice question In the very long run, dividends for the US stock market as a whole will grow by an average 4% per year.
Multiple choice question
In the very long run, dividends for the US stock market as a whole will grow by an average 4% per year. Expected per-period returns for the US stock market must therefore be:
a. strictly less than 4% b. exactly 4% c. strictly more than 4% d. Need more information.
Explanation/reasoning?
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Personal Finance Building Your Future
Authors: Robert Walker, Kristy Walker
2nd Edition
0077861728, 9780077861728
