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

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Suppose that the Treasury bill rate is 6% rather than 2%. Assume the expected return on the market stays at 9%. Use the following information. Stock United States Steel Amazon Southwest Airlines The Travelers Companies Tesla ExxonMobil Johnson & Johnson Coca-Cola Consolidated Edison Newmont Beta (B) 3.03 1.37 1.29 1.24 0.92 0.86 0.89 0.64 0.13 0.10 a. Calculate the expected return from Johnson & Johnson (Do not round intermediate calculations. Enter your answers 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 answers 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 answers 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 6% rather than 2%? Assume that the expected market return stays at 9%. e. Would Coca-Cola offer a higher or lower expected return if the interest rate were 8%

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