Cost of common stock equity-CAPM Netflix common stock has a beta, b, of 1.3. The risk-free rate is 3%, and the market return is 8%. a. Determine the risk premium on Netfix common stock. b. Determine the required return that Notfix common stock should provide. c. Determine Netfix's cost of common stock equity using the CAPM. a. The risk premium on Netfix common stock is \%. (Round to one decimal place)