Excess Return
Summary of Excess Return
The positive difference between the return earned on a capital asset and the riskless rate of return (i.e., the rate paid by government securities).
(Main Author: William J. Miller)
The positive difference between the return earned on a capital asset and the riskless rate of return (i.e., the rate paid by government securities).
(Main Author: William J. Miller)
by
Tags:
Leave a Reply