Equity Risk Premium: 2006 Update

Roger Grabowski is a Managing Director of Duff & Phelps LLC in Chicago, II. This author wants to thank Ryan Brown and David Turney of Duff and Phelps and my former colleague, David King, for their assistance. But I accept full responsibility for the final form of the paper. Moreover, this work should not be construed as representing the official organization position of any organization.