Assume large-company stocks returned 12. 1 percent on average over the past 88 years. The risk premium on these stocks was 8. 6 percent and the inflation rate was 3. 0 percent. What was the average nominal risk-free rate of return for those 88 years?.

What is one unexpected problem associated with cell phone use? a. it causes you to misjudge distances. b. it decreases the efficacy of your peripheral vision. c. it distracts your hearing from events on the roadway. d. it makes you more susceptible to other distractions.