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ost) and forward-looking (ex ante) return data. The ERP used in the analysis was based on the supply-side long-horizon historical ERP as provided in Morningstar's Stocks, Bonds, Bills, and Inflation Valuation Yearbook. Long-term expected equity returns can be forecasted by use of supply-side models, which u
(169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 54331 5655.4 57414 041.6 Loot 17•108ica 10311 NO 1098 »OS 108101iy 5252 571.3 449 631.9 No Wens4C11011 3774 »10 511.
ost) and forward-looking (ex ante) return data. The ERP used in the analysis was based on the supply-side long-horizon historical ERP as provided in Morningstar's Stocks, Bonds, Bills, and Inflation Valuation Yearbook. Long-term expected equity returns can be forecasted by use of supply-side models, which u
(169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 54331 5655.4 57414 041.6 Loot 17•108ica 10311 NO 1098 »OS 108101iy 5252 571.3 449 631.9 No Wens4C11011 3774 »10 511.
ost) and forward-looking (ex ante) return data. The ERP used in the analysis was based on the supply-side long-horizon historical ERP as provided in Morningstar's Stocks, Bonds, Bills, and Inflation Valuation Yearbook. Long-term expected equity returns can be forecasted by use of supply-side models, which u
(169» 1160.91 CO. Ina Iltembg (1101 wao 15541 (55.41 04(4C00,110 .t Amin. 22593 15.1 13,2 13.2 CA4021 Emma». 12171 16.31 11041 (1161 Iblasee Mime lak» 108 And, 54331 5655.4 57414 041.6 Loot 17•108ica 10311 NO 1098 »OS 108101iy 5252 571.3 449 631.9 No Wens4C11011 3774 »10 511.
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