Jerilu Markets has a beta of 1.09.The risk-free rate of return is 2.75 percent and the market rate of return is 9.80 percent.What is the risk premium on this stock?
A) 6.47 percent
B) 7.03 percent
C) 7.68 percent
D) 8.99 percent
E) 9.80 percent
Correct Answer:
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