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We allowed for a stock market return of just 3% after charges.
survey conducted in mid-2007, for example, the average lower bound was for a market return of 0.2 percent in the next year.
For example, in the survey conducted on Feb. 26, 2009, the C.F.O.'s made their most pessimistic predictions, expecting a market return of just 2.0 percent, with a lower bound of minus 10.2 percent.
We control for market level factors that may affect the information asymmetry level including market volatility, market turnover and market return of Hong Kong and mainland markets.
Folks figure that Lynch simply took the long-term average annual stock market return of 10% and decided 7% would be OK.
Following Enders (1995), let the time path of the stock market return of country x at time t (xt) be affected linearly by the current and past realizations of stock market return of country y at time t (yt) and vice versa.
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A mandatory ceiling on deposit rates deprives savers of the market return on their money.
Annual stock market returns of 8 percent were, until recently, commonplace.
Looking at the shorter term, respondents forecast stock market returns of 7.6percentt over the next six months.
He expects market returns of 15 to 20percentt a year, annualized, over the next three to five years.
Based on the gross market returns of the Standard & Poor's 500-stock index, the study assumed an investment of $100,000 on Jan . 1 1973, that dropped in value to $57,378 by September 1974.
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