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Porter Inc.'s stock has an expected return of 11.75%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 1.80%, what is

Porter Inc.'s stock has an expected return of 11.75%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 1.80%, what is the market risk premium? Do not round your intermediate calculations.

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