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You hold a diversified portfolio consisting of $2,000 investment in each of five different stocks: The first stock has a beta of 0.68, the second

You hold a diversified portfolio consisting of $2,000 investment in each of five different stocks: The first stock has a beta of 0.68, the second stock has beta of 1.56, the third stock has beta of 0.94, the fourth stock has beta of 1.92 and the fifth stock has beta of 1.45.Assume that the market return will be 9.65percent and the risk-free rate is 3.20percent. What is the total risk premium of the portfolio?

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