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Suppose that the Treasury bill rate is 6% rather than the 2%. Assume that the expected return on the market stays at 9%. Use the

Suppose that the Treasury bill rate is 6% rather than the 2%. Assume that the expected return on the market stays at 9%. Use the following information.

Stock Beta ()
United States Steel 2.98
Southwest Airlines 1.58
Amazon 1.55
Wells Fargo 1.14
ExxonMobil 1.14
Johnson & Johnson 0.75
Tesla 0.50
Coca-Cola 0.46
Consolidated Edison 0.31
Newmont 0.16

a.) Calculate the expected return from Johnson & Johnson. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

b.)Find the highest expected return that is offered by one of these stocks. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

c.)Find the lowest expected return that is offered by one of these stocks. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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