For the market risk premium, use the following assumptions:

For a large capitalization company $($greater than $$10\mathrm{.}0$ billion in market capitalization$)$ use $6\mathrm{.}0\%$ as the market risk premium.

For a mid$-$cap company $($between $$2\mathrm{.}0$ billion and $$10\mathrm{.}0$ billion in market capitalization$)$ use $8\mathrm{.}0\%$ as the market risk premium.

For a small$-$cap company $($less than $$2\mathrm{.}0$ billion in market capitalization$)$ use $11\mathrm{.}0\%$ as the market risk premium.