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30. Cost of common stock equityCAPMNetflix common stock has a beta, b, of 1.7. The risk-free rate is 4%, and the market return is 9%.

30. Cost of common stock equityCAPMNetflix common stock has a beta, b, of 1.7. The risk-free rate is 4%, and the market return is 9%. a.Determine the risk premium on Netflix common stock. b.Determine the required return that Netflix common stock should provide. c.Determine Netflix's cost of common stock equity using the CAPM.

a.The risk premium on Netflix common stock is ____%. (Round to one decimal place) b.The required return that Netflix common stock should provide is ____%. (Round to one decimal place) c. Netflix's cost of common stock equity using the CAPM is ____%. (Round to one decimal place)

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