Question
The average annual return on an Index from 1996 to 2005 was 14.42 percent. The average annual T-bill yield during the same period was 3.87
The average annual return on an Index from 1996 to 2005 was 14.42 percent. The average annual T-bill yield during the same period was 3.87 percent.
What was the market risk premium during these ten years?(Round your answer to 2 decimal places.)
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College Mathematics For Business Economics, Life Sciences, And Social Sciences
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
14th Edition
0134674146, 978-0134674148
