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Basic Question 1 of 8
What is the primary focus of the historical approach to estimating the equity risk premium (ERP)?
A. Future market expectations
B. Current stock prices
C. Past market data
D. Expected cash flows
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare methods used to estimate the required return on equity;
CFA® 2025 Level II Curriculum, Volume 2, Module 18.