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 here $$ order to copy the contents of the data table below into a spreadsheet.$)$

Current price per share of common stock

Expected dividend per share next year

$$33\mathrm{.}64$

Constant annual dividend growth rate

$$2\mathrm{.}52$

Risk$-$free rate of return

$7\mathrm{.}2\%$

$4\mathrm{.}3\%$

The risk premium on Foster stock is

$\%.($Round to two decimal places.$)$