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 that in 2009 the market risk premium we should have used in the CAPM was negative?

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 12, 2024 01:07 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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Corporate Finance

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