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The average risk premium on long-term government bonds for the period 1926- 2014 was equal to: 1) the rate of return on the bonds minus

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The average risk premium on long-term government bonds for the period 1926- 2014 was equal to: 1) the rate of return on the bonds minus the T-bill rate. 2) zero. O 3) the rate of return on the bonds minus the inflation rate. 4) the rate of return on the bonds plus the corporate bond rate. 5) 1 percent

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