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Lecture Fundamentals of corporate finance - Chapter 12: Some lessons from capital market history

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The goal in this chapter is to provide a perspective on capital market history. After studying this chapter, you should understand: How to calculate the return on an investment, the historical returns on various important types of investments, the historical risks on various important types of investments, the implications of market efficiency. | Lecture Fundamentals of corporate finance - Chapter 12 Some lessons from capital market history