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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

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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 Expected dividend per share next year Constant annual dividend growth rate Risk-free rate of return $44.81 $3.77 9% 5% The risk premium on Foster stock is | |96. (Round to two decimal places.)

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