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Porterhouse Inc. stock has an expected return of 14.9 and a beta of 1.12, and is in equilibrium. If the risk free rate is 4.5%,

Porterhouse Inc. stock has an expected return of 14.9 and a beta of 1.12, and is in equilibrium. If the risk free rate is 4.5%, what is the market risk premium? ____ % (to two decimal places)

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