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P7-22 (similar to) Question Help Integrative-Risk and Valuation Given the following information for the stock of Foster Company, calculate the risk premium on its common

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P7-22 (similar to) Question 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 Expected dividend per share next year Constant annual dividend growth rate Risk-free rate of return $46.71 $4.91 5.2% 5.8% st The risk premium on Foster stock is %. (Round to two decimal places.) sti ed

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