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Which of the below would result in a higher market risk premium, holding all else constant? Lower risk appetite by investors More liquid securities Higher
Which of the below would result in a higher market risk premium, holding all else constant?
Lower risk appetite by investors
More liquid securities
Higher estimate of the riskfree rate
Higher betas for all stocks
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Public Finance Fundamentals
Authors: K. Moeti
3rd Edition
148512946X, 9781485129462
