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The following are asset classes and their average returns: Large Cap Stocks, 12.3%; Small Cap Stocks, 16.0%; Long-term Corporate Bonds, 9.6%; Collectibles, 13.9%; Commodities, 14.4%;
The following are asset classes and their average returns: Large Cap Stocks, 12.3%; Small Cap Stocks, 16.0%; Long-term Corporate Bonds, 9.6%; Collectibles, 13.9%; Commodities, 14.4%; Real Estate, 10.1%; Treasury Bills, 4.0%; Inflation, 2.4%. What is the risk premium for Long-term Corporate Bonds?
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