Question
Which of the following is typically considered the return on U.S. government bonds and bills and equals the real interest plus the expected inflation premium?
Which of the following is typically considered the return on U.S. government bonds and bills and equals the real interest plus the expected inflation premium?
Market risk premium
Required return
Risk premium
Risk-free rate
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
8th edition
013342362X, 978-0133423624
