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Paycheck, Inc. has a beta of 0.94 . If the market return is expected to be 11 percent and the risk-free rate is 3 percent,

Paycheck, Inc. has a beta of 0.94 . If the market return is expected to be 11 percent and the risk-free rate is 3 percent, what is Paycheck's risk premium? (Round your answer to 2 decimal places.)

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