You did some valuation work on Amazon Stock and determined that the stock is fairly priced. You estimated the Expected Return to be $12\mathrm{.}65\%.$ The $10-$year US Treasury securities yield is $5\mathrm{.}5\%,$ and the stock beta is $1\mathrm{.}2.$

What is the market risk premium?

$12\mathrm{.}00\%$

$6\mathrm{.}50\%$

$10\mathrm{.}91\%$

$12\mathrm{.}65\%$