Over the past 90 or so years, the average annual rates of return in the U.S. have been highest for which of the following securities?

Over the past 90 or so years, the average annual rates of return in the U.S. have been highest for which of the following securities?


a. Five-year government bonds

b. Twenty-year corporate bonds

c. Large-company stocks

d. Small-company stocks


Answer: Small-company stocks


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