Part B
END-OF-CHAPTER
SOLUTIONS
Fundamentals of Investments, 5th edition
Jordan and Miller
Chapter 1
A Brief History of Risk and Return
Concept Questions
1. For both risk and return, increasing order is b, c, a, d. On average, the higher the risk of an investment, the higher is its expected return.
2. Since the price didn’t change, the capital gains yield was zero. If the total return was four percent, then the dividend yield must be four percent.
3. It is impossible…
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