Editorial Type:
Article Category: Research Article
 | 
Online Publication Date: 01 Jan 2013

Why the Expected Rate of Return is an Arithmetic Mean

Ph.D.
Page Range: 126 – 129
DOI: 10.5791/0882-2875-14.3.126
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Copyright: © 1995 American Society of Appraisers

Contributor Notes

Paul D. Kaplan, Ph.D. is Vice President and Chief Economist of Ibbotson Associates. He earned his BA from New York University, MA and Ph.D. from Northwestern Univeristy.

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