17 Assume that the current level of NZX50 is 7,000, the expected dividend yield D/B (including share repurchase) of the market portfolio is 2.3%, and the expected growth rate of dividends in the long term is 45. Risk free rate is 0.5% The implied equity market risk premium in New Zealand is (Provide your answer with two decimal points. For example, an MRP of 1 23% should be filed in as 1.23). Maximum marks 2