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Question 15 of 22\ stion 15\ 5 points\ Consider the following two investment alternatives: First, a risky portfolio that pays a

15%

rate of retum with a probability of

40%

or a

5%

rate of return with a probability of

60%

. Second, a Treasury bill that pays

6%

. The risk premium on the risky investment is\

1%

\

3%

\

0%

\

9%

5 points Consider the following two investment alternatives: First, a risky portfolio that pays a 15% rate of return with a probability of 40% or a 5% rate of return with a probability of 60%. Second, a Treasury bill that pays 6%. The risk premium on the risky investment is 1% 3% % 9%