MCQOPTIONS
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| 1. |
_ A major difference between real and nominal returns is that_______________.$? |
| A. | real returns adjust for inflation and nominal returns do not |
| B. | real returns use actual cash flows and nominal returns use expected cash flows |
| C. | real returns adjust for commissions and nominal returns do not |
| D. | real returns show the highest possible return and nominal returns show the lowest possible return |
| Answer» B. real returns use actual cash flows and nominal returns use expected cash flows | |