Session 14: Equity Analysis and Valuation
Reading 58: Overview of Equity Securities
LOS a: Discuss the importance and relative performance of equity securities in global financial markets.
In the long run, equity securities have exhibited:
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A) |
lower returns and higher risk than government securities. | |
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B) |
higher returns and higher risk than government securities. | |
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C) |
higher returns and lower risk than government securities. | |
Historical data for the past century show that average returns and standard deviation of returns have both been higher for equities than for government bonds and bills. | 
发表于 2011-3-30 11:08
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