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1. Assume these are the stock market and Treasury bill returns for a 5-year period: Year Stock Market Return (%) T-Bill Return (%) 2011 36.13
1. Assume these are the stock market and Treasury bill returns for a 5-year period:
Year | Stock Market Return (%) | T-Bill Return (%) | ||||||
2011 | 36.13 | 2.70 | ||||||
2012 | 29.60 | 1.20 | ||||||
2013 | 15.86 | 0.19 | ||||||
2014 | 1.98 | 0.04 | ||||||
2015 | 17.76 | 0.06 | ||||||
c. What was the standard deviation of the risk premium? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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