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    Foundations of Finance
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    Exam 6: The Meaning and Measurement of Risk and Return
  5. Question
    Actual Returns Are Always Less Than Expected Returns Because Actual
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Actual Returns Are Always Less Than Expected Returns Because Actual

Question 57

Question 57

True/False

Actual returns are always less than expected returns because actual returns are determined at the end of the period and must be discounted back to present value.

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