Question: Question 6 ( 1 point ) Which statement about Equity Market Risk Premium ( EMRP ) is false? The EMRP is ALWAYS lower if you
Question point
Which statement about Equity Market Risk Premium EMRP is false?
The EMRP is ALWAYS lower if you base your calculations on the geometric return rather than the arithmetic return
The lower the EMRP, the lower the discount rate
If the discount rate is lower, the valuation will be higher
The EMRP must always be calculated using the current risk free rate
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