Question
What should we use for expected market return? 10-year arithmetic average return of S&P 500 index. 10-year geometric average return of S&P 500 index. 80-year
What should we use for expected market return?
| 10-year arithmetic average return of S&P 500 index. | ||
| 10-year geometric average return of S&P 500 index. | ||
| 80-year arithmetic average return of S&P 500 index. | ||
| 80-year geometric average return of S&P 500 index. |
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Public Finance
Authors: Harvey S Rosen
7th Edition
0072876484, 978-0072876482
