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You own $13,212 of Denny's Corp stock that has a beta of 3.02. You also own $20,185 of Qwest Communications (beta =1.57) and $3,303 of

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You own $13,212 of Denny's Corp stock that has a beta of 3.02. You also own $20,185 of Qwest Communications (beta =1.57) and $3,303 of Southwest Airlines (beta =0.70 ). Assume that the market return will be 11.0 percent and the risk-free rate is 4.0 percent. What is the market risk premium? What is the risk premium of each stock? (Round your answers to 2 decimal places.) What is the risk premium of the portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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