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Describe how to estimate the implied equity market risk premium (ERP) with a two-stage growth model, including the assumptions and/or estimation issues, and discuss when

Describe how to estimate the implied equity market risk premium (ERP) with a two-stage growth model, including the assumptions and/or estimation issues, and discuss when to use the implied ERP.

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EQUITY MARKET RISK PREMIUM An equity risk premium is based on the idea of the riskreward tradeoff It ... blur-text-image

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