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Given the following information for the stock of Foster Company, calculate the risk premium on its common stock.(Click on the icon located on the top-right

Given the following information for the stock of Foster Company, calculate the risk premium on its common stock.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Current price per share of common stock $41.03 Expected dividend per share next year $4.63 Constant annual dividend growth rate 9% Risk-free rate of return 4% The risk premium on Foster stock is ?

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