Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:The required return of a risk-free asset can be approximated by
The pure time value of money and anticipated inflation premium.
а.
The 20-year T-bond yield.
Ob.
The 90-day T-bill rate plus the risk premium.
C.
The 90-day T-bill rate plus anticipated inflation premium.
d.
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