Cost of common stock equity-CAPM Netfox common stock has a beta, b, of 1.2 . The risk-free rate is 3%, and the expected market return is 9%. a. Determine the risk premium on Netflox common stock. b. Determine the required retutn that Netfix common stock should provide. c. Determine Netfior's cost of common stock equity using the CAPM. a. The risk premlum on Netfloc common stock is 6. (Round lo one decimal place)