NO.PZ202210140200000102
问题如下:
The events of 2012 to 2016 would be expected to:
选项:
A.
bias the historical ERP estimate upward
B.
bias the historical ERP estimate downward
C.
have no effect on the historical ERP estimate
解释:
B is correct. The events of Year 12 through Year 16 depressed share returns but (1) are not a persistent feature of the stock market environment, (2) were not offset by other positive events within the historical record, and (3) have led to relatively low valuation levels, which are expected to rebound.
rm市场收益率,因为战争因素,市场风险增加,所以对rm的要求回报率上升,所以rm不是应该增加才对吗