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Suppose Netflix, Inc., has a beta of 3.75. If the market return is expected to be 16.00 percent and the risk-free rate is 7.80 percent,

Suppose Netflix, Inc., has a beta of 3.75. If the market return is expected to be 16.00 percent and the risk-free rate is 7.80 percent, what is Netflix's risk premium? (Round your answer to 2 decimal places.)

Netflix's risk premium %

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