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The average arithmetic return of the US stock market has been 10%. The average annual corporate bond return in the US has been 5%. The

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The average arithmetic return of the US stock market has been 10%. The average annual corporate bond return in the US has been 5%. The average 30 yr US Treasury bond return in the US has been 5%. Finally, the average annual US 1-month Treasury bill return in the US has been 3.5%. From this information, please calculate the equity risk premium within the US. OS 10W 1.5% 6.54

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