Question: How does economic theory explain the fact that the average return on stock since 1926 has been 7 percentage points higher than the return on
How does economic theory explain the fact that the average return on stock since 1926 has been 7 percentage points higher than the return on corporate bonds? Select one: O a. Bonds default O b. Stocks pay dividends, bonds don't O c. Bonds are more vulnerable to inflation O d. Stock returns have a higher standard deviation
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