For an investment horizon from 1926 to 2021, which of the following investments had the highest return:

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For an investment horizon from 1926 to 2021, which of the following investments had the highest return: the S&P 500, small stocks, world portfolio, corporate bonds, or Treasury bills? Which had the lowest return?

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Corporate Finance

ISBN: 9781292446318

6th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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