You own $$22,017$ of Opsware, Incorporated stock that has a beta of $3\mathrm{.}63.$ You also own $$26,850$ of Lowe's Companies $($beta $=1\mathrm{.}87)$ and $$4,833$ of New York Times $($beta $=1\mathrm{.}02).$ Assume that the market return will be $9$ percent and the risk$-$free rate is $1$ percent.

What is the market risk premium?

What is the risk premium of each stock?

What is the risk premium of the portfolio?

Note: Do not round intermediate calculations and round your final answers to $2$ decimal places.

$\backslash$table$[[$Market risk premium,$\%$