In the Equation R = + U, the Three

Multiple Choice

In the equation R = + U, the three symbols stand for:

A) average return, expected return, and unexpected return.
B) required return, expected return, and unbiased return.
C) actual return, expected return, and unexpected return.
D) required return, expected return, and unbiased risk.
E) risk, expected return, and unsystematic risk.
Blooms: Understand
Difficulty: Easy
Topic: 12-01 Factor Models: Announcements, Surprises, and Expected Returns