Risk-averse investors demanding a large equity risk premium are most likely expecting their future consumption outcomes and equity returns to be:
uncorrelated.
positively correlated.
negatively correlated.
(Institute 459)
Institute, CFA. 2018 CFA Program Level II Volume 6 Alternative Investments and Portfolio Management. CFA Institute, 07/2017. VitalBook file.
所提供的引文是一个指南。请在使用之前查看每个引文以确保准确性。
这道题想问下futureconsumption outcomes 是什么意思?是未来消费的效用还是未来消费的金额?