Last year, Neal invested $5,000 in Tattler's stock, $5,000 in long-term government bonds, and $5,000 in U.S.

Fantastic news! We've Found the answer you've been seeking!

Question:

Last year, Neal invested $5,000 in Tattler's stock, $5,000 in long-term government bonds, and $5,000 in U.S. Treasury bills. Over the course of the year, he earned returns of 9.7 percent, 5.4 percent, and 3.8 percent, respectively. What was the risk premium on Tattler's stock for the year?