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Expected return are described by the Fama-French 3-factor model. The risk premiums on the market, size, and value factors are 5%, 4%, and 3%, respectively.

Expected return are described by the Fama-French 3-factor model. The risk premiums on the market, size, and value factors are 5%, 4%, and 3%, respectively. The risk free rate of return is 2%.

What is the the risk premium of an asset that has a market factor beta equal to 1.1, a size factor beta equal to 0.2, and a value factor beta equal to 1?

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