Problem $10-5$ Company Risk Premium $($LG$10-3)$

Netflix, Incorporated has a beta of $3\mathrm{.}74.$ If the market return is expected to be $13\mathrm{.}20$ percent and the risk$-$free rate is $6\mathrm{.}50$ percent, what is Netflix's risk premium?

Note: Round your answer to $2$ decimal places.

Netflix's risk premium

$\%$