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You own $9,000 of Denny's Corp stock that has a beta of 3.19. You also own $28,350 of Qwest Communications (beta =1.76) and $7,650 of

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You own $9,000 of Denny's Corp stock that has a beta of 3.19. You also own $28,350 of Qwest Communications (beta =1.76) and $7,650 of Southwest Airlines (beta =0.78 ). Assume that the market return will be 10.0 percent and the risk-free rate is 6.0 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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