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The following table shows betas for several companies. Calculate each stocks expected rate of return using the CAPM. Assume the risk-free rate of interest is

The following table shows betas for several companies. Calculate each stocks expected rate of return using the CAPM. Assume the risk-free rate of interest is 6%. Use a 8% risk premium for the market portfolio.(Round your answers to 2 decimal places.)

Company Beta Cost of Capital
Cisco 1.30 %
Apple 1.52 %
Hershey 0.47 %
Coca-Cola 0.67 %

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