Which one of the following is the computation of the risk premium for an individual security? E(R) is the expected return on the security, R_f is the risk-free rate, is the security's beta, and E(R_M) is the expected rate of return on the market.

E(R) - [E(R_M) + R_f]

[E(R) -R_f]

E(R) - E(R_M)

[E(R_M) -R_f]

E(R_M) -R_f