Question: On average, for the period 1926 through 2012: Multiple Choice A. the real rate of return on U.S. Treasury bills has been negative. B. small-company

On average, for the period 1926 through 2012:

Multiple Choice

A. the real rate of return on U.S. Treasury bills has been negative.

B. small-company stocks have underperformed large-company stocks.

C. intermediate-term government bonds have produced higher returns than long-term government bonds.

D. the risk premium on large-company stocks has exceeded the risk premium on small-company stocks.

E. the risk premium on long-term corporate bonds has exceeded the risk premium on long-term government bonds.

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