$24$

Multiple Choice $3$ points

Jerilu Markets has a beta of $1\mathrm{.}09.$ The risk$-$free rate of return is $2\mathrm{.}75$ percent and the market rate of return is $9\mathrm{.}80$ percent. What is the risk premium on this stock?

$7\mathrm{.}03$ percent

$7\mathrm{.}68$ percent

$6\mathrm{.}47$ percent

$9\mathrm{.}80$ percent

$8\mathrm{.}99$ percent