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answer is 12.49 but do not know steps A stock has a beta of 1.91, the expected return on the market is 11 percent, and

answer is 12.49 but do not know steps
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A stock has a beta of 1.91, the expected return on the market is 11 percent, and the risk-free rate is 4.46 percent. What must the market risk premium on this stock be? (Do not round any intermediate calculations. List your answer as a percent, round your final answer to 2 decimal places and enter it in the box below.) 12.49 margin of error +1.0.5%

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