The historical record for the period 1926-2014 shows that, Financial Management

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The historical record for the period 1926-2014 shows that

The historical record for the period 1926-2014 shows that the annual nominal rate of return on:

A. U.S. Treasury bills have had a positive rate of return for every year in the period.

B. the Consumer Price Index has been positive every year.

C. risk-free securities has averaged around 5 percent.

D. U.S. Treasury bills is constant.

E. large company stocks has averaged around 9 percent.

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Financial Management: The historical record for the period 1926-2014 shows that

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Financial Management: The historical record for the period 1926-2014 shows that

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