Given the following information for the stock of foster, Financial Management

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Given the following information for the stock of foster

Given the following information for the stock of Foster Company, calculate the risk premium on its common stock.

Current price per share of common $50.00

Expected Dividend per share next year $3.00

Constant annual dividend growth rate 9%

Risk-free rate of return 7%

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Financial Management: Given the following information for the stock of foster

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