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Problem 10-9 Company Risk Premium (LG10-3) Netflix, Inc. has a beta of 3.73. If the market return is expected to be 8.50 percent and the

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Problem 10-9 Company Risk Premium (LG10-3) Netflix, Inc. has a beta of 3.73. If the market return is expected to be 8.50 percent and the risk-free rate is 1.50 percent, what is Netflix's risk premium? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Netflix's risk premium 27.61 %

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