Question: Inflation and Returns ( L 0 1 , CFA 4 ) The returns we have examined are not adjusted for inflation. What do you suppose

Inflation and Returns

(

01,

CFA

4)

The returns we have examined are not adjusted for inflation. What do you suppose would happen to our estimated risk premiums if we did account for inflation?

Inflation and Returns (L01, CFA4) The returns we have examined are

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