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Assume that the annual average excess return of S&P 500 is 7.9%, and the standard deviation is 23.2%. What is a reasonable estimate of the

Assume that the annual average excess return of S&P 500 is 7.9%, and the standard deviation is 23.2%. What is a reasonable estimate of the average market price of risk in the U.S.? Round your answer to two decimal places.image text in transcribed

Question 5 1 pts Assume that the annual average excess return of S&P 500 is 7.9%, and the standard deviation is 23.2%. What is a reasonable estimate of the average market price of risk in the U.S.? Round your answer to two decimal places

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