The projected dividend yield for the next year is 2.56%, the expected constant growth rate in dividends is 5.04%, and the 10-year T-bond yield is 2.00%. The estimated forward-looking market risk premium is:

Question 40: The projected dividend yield for the next year is 2.56%, the expected constant growth rate in dividends is 5.04%, and the 10-year T-bond yield is 2.00%. The estimated forward-looking market risk premium is: O 0.48%. O 5.60%. O 7.60%. O 9.60%. O 4.56%