The average annual return on an Index from 1996 to 2005 was 13.20 percent. The average annual T-bill yield during the same period was 3.55 percent. What was the market risk premium during these ten years? (Round your answer to 2 decimal place.)
perir0the_average_annual_return_on_an_index_from_1996_to_2005_was_13.docx
The average annual return on an Index from 1996 to 2005 was 13.20 percent. The average annual T-bill yield during the same period was 3.55 percent. |
What was the market risk premium during these ten years? (Round your answer to 2 decimal place.) |