A stock has a beta of 12 and an expected return of 127


A stock has a beta of 1.2 and an expected return of 12.7 percent. If the risk-free rate is 4.7 percent, what is the market risk premium? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Market risk premium %

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Financial Management: A stock has a beta of 12 and an expected return of 127
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