Question: We know that during the last 10 years, the average historical return on a market index is 15%. We also know that the average inflation

We know that during the last 10 years, the average historical return on a market index is 15%. We also know that the average inflation rate and average risk-free rate over the last 10 years are 3% and 6%, respectively. What is the real risk premium using the exact Fisher equation?

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