What was the average this premium what was the standard


Here are and treasury bills returns between 1997 and 2001

Year     stock      t bill

             Market    return

1997     31.29       5.26

1998    23.43        4.86

1999     23.56         4.68

2000 (– 10.89)    5.89

2001 ( – 10.97)     3.83

What was the risk premium on s&p 500 in in each year ?

What was the average this premium ?

What was the standard deviation of the premium?

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