For the period 1926-2018, long-term government bonds had an average return that ________ the average return on long-term corporate bonds while having a standard deviation that ________ the standard deviation of the long-term corporate bonds.

Question

Quizplus · Accepted Answer

Based on historical data, long-term government bonds had a lower average return than long-term corporate bonds. However, their standard deviation was higher than that of long-term corporate bonds, indicating that they were more volatile or risky. Therefore, option D - "was less than; exceeded" - is the best choice to complete the sentence.

For the Period 1926-2018, Long-Term Government Bonds Had an Average