Historically, the Average Excess Return of the Market Portfolio Over

question 52

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

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