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You own $17,765 of Opsware, Inc. stock that has a beta of 3.73. You also own $24,310 of Lowe's Companies (beta =1.97 ) and $4,675

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You own $17,765 of Opsware, Inc. stock that has a beta of 3.73. You also own $24,310 of Lowe's Companies (beta =1.97 ) and $4,675 of New York Times (beta =1.08 ). Assume that the market return will be 13 percent and the risk-free rate is 6 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 premlum of the portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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