Historically, the Average Excess Return of the Market Portfolio Over

question 81

Multiple Choice

Historically, the average excess return of the market portfolio over the return of Treasury bonds has been and is proxy for the market risk premium.

• A) between 5% and 7%
• B) between 10% and 12%
• C) between 14% and 16%
• D) between 11% and 13%

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