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The average annual return on an Index from 1996 to 2005 was 16.30 percent. The average annual T-bill yield during the same period was 3.80

The average annual return on an Index from 1996 to 2005 was 16.30 percent. The average annual T-bill yield during the same period was 3.80 percent.

What was the market risk premium during these ten years?

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