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Using historical risk premiums from Table 5.5 over the 1927-2018 period as your guide, what would be your estimate of the expected annual HPR on
Using historical risk premiums from Table 5.5 over the 1927-2018 period as your guide, what would be your estimate of the expected annual HPR on the Big/Value portfolio if the current risk-free interest rate is 1.85% ? (Round your answer to 2 decimal places.) Statistics for monthly excess returns on the market index and four "style" portfolios Source: Authors' calculations using data from Prof. Kenneth French's web site: http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/ data_library.html
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