What is the risk premium for stock $A$ if its expected real return is $7\mathrm{.}16\%,$ the expected inflation rate is $4\mathrm{.}31\%,$ and the risk$-$free return is $5\mathrm{.}28\%?$

$2\mathrm{.}85\%($plus or minus $4bps)$

$11\mathrm{.}78\%($plus or minus $4bps)$

$6\mathrm{.}50\%($plus or minus $4bps)$

$1\mathrm{.}88\%($plus or minus $4bps)$

$$ None of the above is within $4$ bps of the correct answer