In almost all cases, the equity risk premiums based on long-term government bonds
tend to be smaller than those based on short-term government bonds.
Why? Isn’t it the other way around? Because the longer the term, the higher the premium?
In almost all cases, the equity risk premiums based on long-term government bonds
tend to be smaller than those based on short-term government bonds.
Why? Isn’t it the other way around? Because the longer the term, the higher the premium?