Question: Risk premium is a. the total return required on a risky asset b. the risk-free rate of return earned on risk-free asset c. the excess

Risk premium is a. the total return required on a risky asset b. the risk-free rate of return earned on risk-free asset c. the excess return required on a risky asset over the average return of the risky portfolio d. the excess return required on a risky asset over that earned on a risk-free asset
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