True or false: Assets that have a tendency to give high returns when economic times are good
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Question:
True or false:
Assets that have a tendency to give high returns when economic times are good and low returns when economic times are bad should have discount rates that are higher, compared to assets with opposite characteristics.
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
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