11.2 The risk premium on stocks is the average return in excess of Treasury bills. It was...
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11.2 The risk premium on stocks is the average return in excess of Treasury bills. It was 4.6% in period 1, 9.1% in period 2, 7.6% in period 3, and 8.7% in period 4.
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Fundamentals Of Corporate Finance
ISBN: 9780073382302
6th Edition
Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus
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