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Jerilu Markets has a beta of 1.46. The risk-free rate of return is 2.98 percent and the market rate of return is 11.6 percent. What

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Jerilu Markets has a beta of 1.46. The risk-free rate of return is 2.98 percent and the market rate of return is 11.6 percent. What is the risk premium on this stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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