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. Aluminum makerAlcoa has a beta of about 1.88, whereas Hormel Foods has a beta of 0.33. If the expected excess return of the market
. Aluminum makerAlcoa has a beta of about 1.88, whereas Hormel Foods has a beta of 0.33. If the expected excess return of the market portfolio is 6%, which of these ?rms has a higher equity cost o...
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