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Short Answer Question1: In the course chapter12: we learnt Lessons from Capital Market History, dealt with historical returns and variances. In this chapter 13, we
Short Answer Question1: In the course chapter12: we learnt Lessons from Capital Market History, dealt with historical returns and variances. In this chapter 13, we focused on expected returns, Return, Risk and the Security Market Line. Why did we need to make the switch from historical to expected? Why not use historical returns for both chapters or else use expected returns for both chapters?
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