Question
The average annual return on the S&P 500 index from 1996 to 2005 was 19.31 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 19.31 percent. The average annual T-bill yield during the same period was 3.91 percent. What was the market risk premium during these ten years? (Round tour answer to 2 decimal places).
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Managerial Finance In A Canadian Setting
Authors: X. Lusztig, X. Schwab
4th Edition
0409806021, 1483106330, 9780409806021, 9781483106335
