The market has an expected rate of return of $12\mathrm{.}6$ percent. The long$-$term government bond is expected to yield $4\mathrm{.}8$ percent and the U$.$S$.$ Treasury bill is expected to yield $2\mathrm{.}7$ percent. The inflation rate is $3\mathrm{.}2$ percent. What is the market risk premium? $($CSLO $1)$

Group of answer choices

$9\mathrm{.}4$ percent

$9\mathrm{.}9$ percent

$7\mathrm{.}8$ percent

$8\mathrm{.}5$ percent

$9\mathrm{.}3$ percent