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Problem 10-9 Company Risk Premium (LG10-3) Suppose Netflix, Inc., has a beta of 4.04. If the market return is expected to be 15.20 percent and

Problem 10-9 Company Risk Premium (LG10-3)

Suppose Netflix, Inc., has a beta of 4.04. If the market return is expected to be 15.20 percent and the risk-free rate is 7.40 percent, what is Netflix's risk premium? (Round your answer to 2 decimal places.)

Netflix's risk premium %

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