Aluminum maker Alcoa has a beta of about 1.66, whereas Hormel Foods has a beta of 079 . If the expected excess ruturn of the manki portefi how much higher is it? The firm that has the higher equity cost of capital is by % (Select from the drop-down menu and round to two decimel pric Hormel Foods pods has a beta of 079 . If the expected excess return of the market portfolio is 5%, which of these firms has a higher equity cost of capitat and by \%. (Select from the drop-down menu and round to two decimal places.)