The following information is provided:

• average annual rate of return for common stocks is 10.0%,
• average annual rate of return for corporate bonds is 5.0%,
• the average annual rate of return for U.S. Treasury bills is 4.0%,
• average GDP growth is 2%

What is the average market risk premium?

Group of answer choices

15.7%

6.0%

The correct answer is not provided

5.0%