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    Exam 11: Introduction to Risk, Return, and the Opportunity Cost of Capital
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    When the Annual Rate of Return on U
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When the Annual Rate of Return on U

Question 26

Question 26

Multiple Choice

When the annual rate of return on U.S.Treasury bills is historically high,investors expect the return on the stock market:


A) considerably lower than normal.
B) about average.
C) also to be high.
D) approximately equal to zero.

Correct Answer:

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