Question
The average annual return on the S&P 500 Index from 1996 to 2005 was 14.00 percent. The average annual T-bill yield during the same period
The average annual return on the S&P 500 Index from 1996 to 2005 was 14.00 percent. The average annual T-bill yield during the same period was 4.00 percent.
What was the market risk premium during these ten years? (Round your answer to 2 decimal places.)
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Ethical Issues In Business A Philosophical Approach
Authors: Thomas Donaldson, Patricia H. Werhane, Margaret Cording
7th Edition
0130923877, 978-0130923875
