Which of the following is TRUE?

Group of answer choices

There is a long-term negative risk premium associated with the stock market as demonstrated by the significant losses suffered by the S&P 500 during economic downturns.

Gambling and investing both have positive risk premium since gamblers have made money as have investors in the stock market.

In a gamble, the house or casino has a negative risk premium since their chances of winning any given hand is greater than 50%.

Gambling and investing are essentially the same since both expose participants to risk of loss.

The stock market has a positive risk premium as compensation to investors for bearing the systematic risks associated with equity markets.