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70. P7-22 Integrative: Risk and valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common stock. Current

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70. P7-22 Integrative: Risk and valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common stock. Current price per share of common $50.00 Expected dividend per share next year $ 3.00 Constant annual dividend growth rate 6.5% Risk-free rate of return 4.5%

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