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Thank you 3 The following table shows betas for several companies. Calculate each stock's expected rate of return using the CAPM. Assume the risk-free rate

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3 The following table shows betas for several companies. Calculate each stock's expected rate of return using the CAPM. Assume the risk-free rate of interest is 9%. Use a 11% risk premium for the market portfolio. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Beta 16.66 points Company Caterpillar Apple Cost of Capital % 1.69 1.33 % Print Johnson & Johnson 0.52 % Consolidated Edison 0.24 % References

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