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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 interest is

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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 interest is 4%. Use a 6% risk premium for the market portfolio (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Cost of Capital Beta 1.79 143 062 0.34 Company Caterpillar Apple Johnson & Johnson Consolidated Edison % %

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