Question: Capital market assumptions (CMAs) are Question 4Answer a. Precise estimates of financial markets' expected performance b. short-term forecasts that provide precise predictions of asset returns

Capital market assumptions (CMAs) are Question 4Answer a. Precise estimates of financial markets' expected performance b. short-term forecasts that provide precise predictions of asset returns over the next few months. c. A set of assumptions about how inflation affects the financial markets d. Forward-looking

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