a. What do we mean by excess return and risk premium? b. What is the historical risk

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a. What do we mean by excess return and risk premium?

b. What is the historical risk premium on small-company stocks? On U.S. Treasury bonds?

c. What is the first lesson from financial market history?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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