Question: Over a certain perlod, the average risk-free rate was 2.5 percent, and small-company stocks averaged 16.3 percent. What was the risk premium on smallcompany stocks

 Over a certain perlod, the average risk-free rate was 2.5 percent,

Over a certain perlod, the average risk-free rate was 2.5 percent, and small-company stocks averaged 16.3 percent. What was the risk premium on smallcompany stocks for this period? Convert to a percentage and round to one place past the decimal point. Numeric Respotse

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