Table 122

Average Annual Returns: 1926-2000

Source: © Stocks, Bonds, Bills, and Inflation 2001 Yearbook™, Ibbotson Associates, Inc., Chicago (annually updates work by Roger G. Ibbotson and Rex A. Sinquefield). All rights reserved.

Ross et al.: Fundamentals V. Risk and Return 12. Some Lessons from of Corporate Finance, Sixth Capital Market History

Edition, Alternate Edition

Investment

Average Return

Large-company stocks

13.0%

Small-company stocks

0 0

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