Assume a stock had an historical equity risk premium of 5.49 percent and a standard deviation of 11.46 percent over the past two decades. What is the 95.4 percent range for the equity risk premium?

A) .18 percent to 9.26 percent

B) .57 percent to 15.09 percent

C) .41 percent to 20.03 percent

D) .36 percent to 10.62 percent

E) 1.08 percent to 22.49 percent