Question: Using historical risk premiums from Table 5 . 5 over the 1 9 2 7 - 2 0 1 8 period as your guide, what

Using historical risk premiums from Table 5.5 over the 1927-2018 period as your guide, what would be your estimate of the expected annual HPR on the Big/Value portfolio if the current risk-free interest rate is 1.80%?(Round your answer to 2 decimal places.)
Expected annual HPR ,10.79%
 Using historical risk premiums from Table 5.5 over the 1927-2018 period

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