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The following table shows betas for several companies. Calculate each stock's expected rate of return using CAPM. assume the risk-free rate interest is 5%. use
The following table shows betas for several companies. Calculate each stock's expected rate of return using CAPM. assume the risk-free rate interest is 5%. use a 7% risk premium for the market portfolio. Caterpillar, Apple, Johnson & Johnson, Consolidated Edison
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