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Assume these are the stock market and Treasury bill returns for a 5-year period: -ill Stock Market Return %) Return () Year 2013 32.10 0.05

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Assume these are the stock market and Treasury bill returns for a 5-year period: -ill Stock Market Return %) Return () Year 2013 32.10 0.05 2014 11.30 0.05 2015 -2.00 0.05 2016 13.40 0.23 2017 21.70 0.25 Required: a. What was the risk premium on common stock in each year? b. What was the average risk premium? c. What was the standard deviation of the risk premium? (Ignore that the estimation is from a sample of data.) Complete this question by entering your answers in the tabs below. Required B Required C Required A What was the standard deviation of the risk premium? (Ignore that the estimation is from a sample of data.) (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Standard deviation

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