Question $35$

$0\mathrm{.}75$ pts

Rain Inc. has a beta of $1\mathrm{.}3.$ if the current S&P $500$ return is expected to be $15\%$ and the $t-$bill rate is $3\%,$ what is the risk premium for Rain Inc.?

$15\mathrm{.}6\%$

$13\mathrm{.}8\%$

$17\mathrm{.}2\%$

$14\mathrm{.}4\%$