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Suppose that the Treasury bill rate is ( 4 % ) rather than the ( 2 % ) .

Suppose that the Treasury bill rate is \(4\%\) rather than the \(2\%\). Assume that the expected return on the market stays at \(9\%\). Use the following information.
a. Calculate the expected return from Johnson \& Johnson.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to \(\mathbf{2}\) decimal places.
b. Find the highest expected return that is offered by one of these stocks.
Note: Do not round intermediate calculations.Round your "Sensitivity" answers to 2 decimal places and enter your "Expected risk premium" answer as a percent rounded to 2 decimal places.
c. Find the lowest expected return that is offered by one of these stocks.
Note: Do not round intermediate calculations. Round your "Sensitivity" answers to 2 decimal places and enter your "Expected risk premium" answer as a percent rounded to 2 decimal places.
d. Would U.S. Steel offer a higher or lower expected return if the interest rate were \(4\%\) rather than \(2\%\)? Assume that the expected market return stays at \(9\%\).
Note: Round your "Sensitivity" answers to \(\mathbf{2}\) decimal places and enter your "Expected risk premium" answer as a percent rounded to 2 decimal places.
e. Would Coca-Cola offer a higher or lower expected return if the interest rate were \(8\%\)?
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