Febru of 0.45 If the expected excess return of the market portfolio is 5%, which of these Aluminum maker Alcoa has bota of about 2.0, whereas Hormel Foods has a bet firms has a higher equity cost of capital and how much higher is it? Alcon's equity cost of capital is % (Round to two decimal places) Hormel's equity cost of capital is % (Round to two decimal places) Therefore has the higher equity cost of capital by percentage points. (Select from the drop-down menus and round to two decimal places.)