Which of the following is true about the risk premium? i$)$ The risk premium has been

higher for stocks than bonds in the US and Canadian Market historically. ii$)$ The risk

premium would be unchanged if geometric or arithmetic returns were used to

calculate it$.$ iii$)$ The risk premium directly measures how stocks perform relative to

inflation. iv$)$ The risk premium is the amount investors demand in return for putting

their money on the market.

ii$,$ iv

i$,$iii

i$,$ iv

None of the above