C 2 Problem 12-17 CAPM and Expected Return (LO2) The following table shows betas for several companies. Calculate each stocks expected rate of return using the CAPM. Assume the risk free rate of interest is 8% Use a 10% risk premium for the market portfolio. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Cost of Capital Print ferences Company Caterpillar Apple Johnson & Johnson Consolidated Edison Bota 1.77 141 0.60 0.32