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The risk-free rate is 4.15 percent. What is the expected risk premium on this stock given the following information? (Do not round intermediate calculations. Enter

The risk-free rate is 4.15 percent. What is the expected risk premium on this stock given the following information? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) State of the Economy Probability of State of Economy Rate of Return if State Occurs Boom 0.35 20% Normal 0.65 6%

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