Question
Stocks have significantly outperformed US Government bonds by approximately 5% per year over the past 90+ years. In light of these higher returns associated with
Stocks have significantly outperformed US Government bonds by approximately 5% per year over the past 90+ years. In light of these higher returns associated with stocks, why would investors hold US Government bonds?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
17th Edition
0357714482, 9780357714485
