1. What is the risk premium for T&S Footwear stock if its expected real return is 11.65%, the expected inflation rate is 3.27%, and the risk-free return is 5.15%?

   		12.03% (plus or minus 0.05 percentage points)
   		15.35% (plus or minus 0.05 percentage points)
   		10.15% (plus or minus 0.05 percentage points)
   		6.50% (plus or minus 0.05 percentage points)
   		None of the above is within 0.05 percentage points of the correct answer