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Problem 10-10 Company Risk Premium (LG10-3) Paycheck, Inc. has a beta of 1.28. If the market return is expected to be 13.90 percent and

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Problem 10-10 Company Risk Premium (LG10-3) Paycheck, Inc. has a beta of 1.28. If the market return is expected to be 13.90 percent and the risk-free rate is 6.90 percent, what is Paycheck's risk premium? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Paycheck's risk premium 7.00 %

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