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Suppose that there are two independent tracking portfolios, T1 and T2. The risk-free rate is 7%, and all stocks have independent firm-specific components with a

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Suppose that there are two independent tracking portfolios, T1 and T2. The risk-free rate is 7%, and all stocks have independent firm-specific components with a standard deviation of 45%. Well-diversified portfolios A and B have the following properties: What is the risk premium related to tracking Portfolio T1? Express your answer in percent and round it to 2 decimal places. For example, if your answer is 0.25456 , then please write down 25.46 (without the percent sign)

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