Over long periods of time, the rate of return of an average investment in the stock market
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Over long periods of time, the rate of return of an average investment in the stock market has exceeded the return on high-quality bonds. Is the higher return on stocks surprising? Why or why not?
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The fact that the rate of return on an average investment in the stock market has historically exceeded the return on highquality bonds is not particu...View the full answer
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Related Book For 
Economics Private And Public Choice
ISBN: 9780357133996
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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