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    Exam 6: The Risks and Returns From Investing
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    Holding Interest Rates Constant,a Narrowing of the Equity Risk Premium
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Holding Interest Rates Constant,a Narrowing of the Equity Risk Premium

Question 30

Question 30

True/False

Holding interest rates constant,a narrowing of the equity risk premium implies a decline in the rate of return on stocks because the amount earned beyond the risk-free rate is reduced.

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