Which of these statements is true? Multiple Choice   Many people purchase stocks as they find comfort in the certainty for this safe form of investing.   When people purchase a stock, they do not know what their return is going to be-either short term or in the long run.   When people purchase a stock, they know the short-term return, but not the long-term return.   When people purchase a stock, they know exactly what their dollar and percent return are going to be

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter2: Risk And Return: Part I
Section: Chapter Questions
Problem 9MC
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Which of these statements is true?

Multiple Choice

  •  
    Many people purchase stocks as they find comfort in the certainty for this safe form of investing.
  •  
    When people purchase a stock, they do not know what their return is going to be-either short term or in the long run.
  •  
    When people purchase a stock, they know the short-term return, but not the long-term return.
  •  
    When people purchase a stock, they know exactly what their dollar and percent return are going to be.
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