SAT, 25.02.2022 16:30 issacurlyheadka

Assume large-company stocks returned 12. 1 percent on average over the past 88 years. The risk premium on these stocks was 8. 6 percent and the inflation rate was 3. 0 percent. What was the average nominal risk-free rate of return for those 88 years?.

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Assume large-company stocks returned 12. 1 percent on average over the past 88 years. The risk premi...

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