Question $23$

$4$ pts

Jerilu Markets has a beta of $1\mathrm{.}09.$ The risk$-$free rate of return is $3\mathrm{.}18$ percent and the market rate of return is $8\mathrm{.}27$ percent. What is the risk premium on this stock?

$3\mathrm{.}47$ percent

$8\mathrm{.}82$ percent

$7\mathrm{.}80$ percent

$5\mathrm{.}55$ percent

$7\mathrm{.}03$ percent