You purchased a stock expecting a return of 8%. Based on the risk of this stock, you require a return of 10%. At the end of the year, you calculate the realized return to be 12%. At the beginning of the year, you think your initial decision was a _______ idea while at the end of the year, you now consider your initial decision to be a _______ idea. Good; good Bad; bad Good; bad Bad; good
You purchased a stock expecting a return of 8%. Based on the risk of this stock, you require a return of 10%. At the end of the year, you calculate the realized return to be 12%. At the beginning of the year, you think your initial decision was a _______ idea while at the end of the year, you now consider your initial decision to be a _______ idea. Good; good Bad; bad Good; bad Bad; good
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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You purchased a stock expecting a return of 8%. Based on the risk of this stock, you require a return of 10%. At the end of the year, you calculate the realized return to be 12%. At the beginning of the year, you think your initial decision was a _______ idea while at the end of the year, you now consider your initial decision to be a _______ idea.
Good; good
Bad; bad
Good; bad
Bad; good
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