From the start of 1999 to the start of 2009, the S&P 500 had a negative return.

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From the start of 1999 to the start of 2009, the S&P 500 had a negative return. Does this mean the market risk premium we should haved used in the CAPM was negative?

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Corporate Finance The Core

ISBN: 9781292158334

4th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Feb 29, 2024 04:01 AM

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From the start of 1999 to the start of 2009, the S&P 500 had a negative return.

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Not necessarily The fact that the SP 500 had a negative return from the start of 1999 to the ...View the full answer

Corporate Finance The Core

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