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Item3 1 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 Problem 10-3 Risk Premium (LG10-2) The average annual return on the S&P
Item3 1 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 Problem 10-3 Risk Premium (LG10-2) The average annual return on the S&P 500 Index from 1986 to 1995 was 16.70 percent. The average annual T-bill yield during the same period was 5.90 percent. What was the market risk premium during these ten years? Note: Round your answer to 2 decimal places
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