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Suppose you have a very accurate, reliable estimate for a security ' s long - term expected return, this estimate has very little variance, and
Suppose you have a very accurate, reliable estimate for a securitys longterm expected return, this estimate has very little variance, and the expected return is commensurate with the securitys risk. Explain why it makes sense to buy more of this security if it fails to earn this expected return in the next period.
Suppose you have a very accurate, reliable estimate for a securitys longterm expected return, this estimate has very little variance, and the expected return is commensurate with the securitys risk. Explain why it makes sense to buy more of this security if it fails to earn this expected return in the next period.
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