Why does it make sense to think of the return on a stock investment as a random

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Why does it make sense to think of the return on a stock investment as a random variable? Does it make sense to think of the return on a bond investment that way? How about an investment in a savings account?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:28 AM

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Why does it make sense to think of the return on a stock investment as a random

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The return on a stock investment is the net result of the businesss performan...View the full answer

Practical financial management

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