No.PZ2018091901000059 (选择题)
来源: Other
An Australian investor currently holds a A$240 million equity portfolio. He is considering rebalancing the portfolio based on an assessment of the risk and return prospects facing the Australian economy. Information relating to the Australian investment markets and the economy has been collected in the following table:
Using the information in the table and the Grinold–Kroner model, calculates the expected annual equity risk premium.
上述题目中没有给出repurchase yield的信息，即%ΔS，那是不是就假设这一项为零？
