Risk and Return: A New Look
Published Date
Copyright 1982
ISBN 0226263428
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Copy CitationThe Changing Roles of Debt and Equity in Financing U.S. Capital Formation (University of Chicago Press, 1982), chap. 2, https://www.nber.org/books-and-chapters/changing-roles-debt-and-equity-financing-us-capital-formation/risk-and-return-new-look.
Published From Paper
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Working Paper
One of the best documented propositions in the field of finance is that, on average, investors have received higher...