Consider historical data showing that the average annual rate of return on the S&P 500 portfolio over the past 80 years has averaged roughly 8% more than the Treasury bill return and that the S&P 500 standard deviation has been about 20% per year. Assume these values are representative of investors expectations for future performance and that the current T-bill rate is 5%.
Consider historical data showing that the average annual rate of return on the S&P 500 portfolio over the past 80 Academic Essay
August 8th, 2017 admin