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A stock has an average expected return of 12.3 percent for the next 5 years. The beta of the stock is 1.03. The T-Bill rate

A stock has an average expected return of 12.3 percent for the next 5 years. The beta of the stock is 1.03. The T-Bill rate is 6% and the T-Bond rate is 4.8 %. What is the market risk premium? Select one: a. 5.5% b. 6.5% c. 15.00% d. 6.3% e. 7.3%

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