Examining Table 1.1, you can find many years in which Treasury bills produced greater returns than common

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Examining Table 1.1, you can find many years in which Treasury bills produced greater returns than common stocks. How can you reconcile this fact with the statements made in the text, citing a positive relationship between risk and return?
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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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