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    Corporate Finance Study Set 4
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    Exam 11: Introduction to Risk, Return, and the Opportunity Cost of Capital
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    If the Stock Market Return in 2014 Turns Out to Be
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If the Stock Market Return in 2014 Turns Out to Be

Question 19

Question 19

Essay

If the stock market return in 2014 turns out to be 18%, what will happen to our estimate of the "normal" risk premium? Does this make sense?

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