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Over a certain period, large - company stocks had an average return of 1 3 . 0 4 percent, the average risk - free rate

Over a certain period, large-company stocks had an average return of 13.04 percent, the average risk-free rate was 2.67 percent, and small-company stocks averaged 17.81 percent. What was the risk premium on small-company stocks for this period?
Multiple Choice
20.48%
1037%
15.14%
4.77%
1211%
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