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Suppose Paycheck, Inc., has a beta of 1.00. If the market return is expected to be 12.70 percent and the risk-free rate is 4.70 percent, what is Paycheck's risk premium? (Round your answer to 2 decimal places.)

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Financial Management, Finance

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