現代投資學講義（英文版）(ppt 72頁)

現代投資學講義（英文版）內容提要：
Investment Environment and Investment Process
Investment Environment refers to the different types of marketable securities available for investors;
Investment Process is about the way investors should decide on the marketable instruments they will invest in, when to invest, etc.
Investments Over the Long-Term
What is the current value of $1 invested between 1926-2002 in
Portfolio of large U.S. stocks (Standard and Poor’s Composite Index)
Portfolio of long-term Treasury bonds?
Assume that the dividends and the interest payments are reinvested in the asset

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