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You believe that over the next year, the expected return on the market portfolio will yield 8.76%. If the current risk-free rate of return is
You believe that over the next year, the expected return on the market portfolio will yield 8.76%. If the current risk-free rate of return is 3.98%, what is the market risk premium? Submit your answer as a percentage rounded to two decimal places (Ex. 0.00%).
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