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deroth deroth
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A year ago
If markets are in equilibrium, which of the following will occur?


▸

Each stock’s expected return should equal its realized return as seen by the marginal investor.



▸

All stocks should have the same realized return during the coming year.



▸

Each stock’s expected return should be greater than its required return as seen by the marginal investor.



▸

Each stock’s expected return should equal its required return as seen by the marginal investor.

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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ryan_navarro5ryan_navarro5
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A year ago
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deroth Author
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A year ago
You make an excellent tutor!
kamikazekota
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Yesterday
Good timing, thanks!
alpheratz
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2 hours ago
Smart ... Thanks!
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