Answer :
Answer:
9.50%
Explanation:
The risk free rate is a rate which has no financial loss over a certain period. The risk premium is a rate excess of risk free rate. The risk premium is calculated by subtracting risk free rate from rate of return on an investment.
The stocks return will = risk free rate + risk premium
Stock's fair return = 2.1% + 7.4%
Stock's fair return = 9.50%