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Help Integrative-Risk and Valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common stock. (Click on the

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Help Integrative-Risk and Valuation 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 $37.710 Expected dividend per share next year $3.96 Constant annual dividend growth rate 6.9% Risk-free rate of return 6.3% The risk premium on Foster stock is %. (Round to two decimal places.)

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