Use the following information to answer the question(s) below. Year 2007 2008 2009 Risk-free Return 3.6% 1.8% 1.7% Market Return 6.0% -38.5% 22.5% Wyatt Oil Return 5.5% -32.6% 19.6% Beta 0.833 0.853 0.865 The Market's average historical excess return is closest to (%) (2 decimal places):

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The Markets average historical excess return is closet to (%) (2 decimal places): 

Use the following information to answer the question(s) below.
Year
2007
2008
2009
Risk-free
Return
3.6%
1.8%
1.7%
Market
Return
6.0%
-38.5%
22.5%
Wyatt Oil
Return
5.5%
-32.6%
19.6%
Beta
0.833
0.853
0.865
The Market's average historical excess return is closest to (%) (2 decimal places):
Transcribed Image Text:Use the following information to answer the question(s) below. Year 2007 2008 2009 Risk-free Return 3.6% 1.8% 1.7% Market Return 6.0% -38.5% 22.5% Wyatt Oil Return 5.5% -32.6% 19.6% Beta 0.833 0.853 0.865 The Market's average historical excess return is closest to (%) (2 decimal places):
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