Look back to Figure 1.1 and find the value of $1 invested in each asset class over

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Look back to Figure 1.1 and find the value of $1 invested in each asset class over this 90-year period. Calculate the geometric return for small-company stocks, large-company stocks, long-term government bonds, Treasury bills, and inflation.

A $1 Investment in Different Types of Portfolios: 1926–2015 (Year-end 1925 = $1) FIGURE 1.1 100,000 $24,113.43 Small-c

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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