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You ve observed the following resurns on Microwof stock owor the past five years. 15 percent 3 percent, 58 percent. 11 percent, ind - 1

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You ve observed the following resurns on Microwof stock owor the past five years. 15 percent 3 percent, 58 percent. 11 percent, ind - 1 percent Seppose the aver age T. bill rate over this period was 5.6 peicent. What was the average risk premium of this stock oner the five-year period? iDo not round interinedlate calcilitionis and enter youir nower as a persent rouinond th 2 decimal placestem. 32.16 in Numpike Response

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