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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

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 7%. Use a 9% risk premium for the market portfolio.
Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.
\table[[Company,Beta,Cost of Capital],[Caterpillar,1.82,,%
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