题目内容（请给出正确答案）

[主观题]

To estimate equity risk premiums for emerging markets, some analysts use the relative standard deviation approach, where they scale the standard deviation of the emerging market to that of the S&P 500

A．You will understate the equity risk premiums for highly volatile markets

B．You will understate the equity risk premiums for stable markets

C．You will understate the equity risk premiums for illiquid markets

D．You will understate the equity risk premiums for liquid markets

提问人：网友lixin080108 发布时间：2022-01-07

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