In 1977, the price of gasoline was $0.35 a gallon, today it is $1.90. At the same
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Question:
In 1977, the price of gasoline was $0.35 a gallon, today it is $1.90. At the same time, a hotel room cost S6 and the same room is now $49. Determine the annual rate of changes in the price of gas and a hotel room over the last 43 years. What risk premium do these represent?
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