Assume that over 85 years the total annual returns on large, Financial Management

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Assume that over 85 years the total annual returns on large

Assume that over 85 years, the total annual returns on large company common stocks averaged 18.4%, long term government bonds averaged 6.7%, & U.S. T-Bills averaged 3.8%. What was the average annual risk premium earned by long term government bonds & small company stocks respectively?

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Financial Management: Assume that over 85 years the total annual returns on large

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Financial Management: Assume that over 85 years the total annual returns on large

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