Longhorn.inc is considering investing in a new project. The project will need an initial investment of $1,200,000 and will generate $1,500,000 cash flow next year. Given their NPV of $163,636 and the current U.S. T-Bill rate is 2%, what is the risk premium for this project?

Longhorn.inc is considering investing in a new project. The project will need an initial investment of $1,200,000 and will generate $1,500,000 cash flow next year. Given their NPV of $163,636 and the current U.S. T-Bill rate is 2%, what is the risk premium for this project