Question
Suppose the average inflation rate is 2.5%, the average nominal return on stocks is 8%, and the average yield on treasrury bonds is 5.3%. What
Suppose the average inflation rate is 2.5%, the average nominal return on stocks is 8%, and the average yield on treasrury bonds is 5.3%. What is the average risk premium?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
