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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 5%. Use a 6% risk premium for the market portfolio. (Round your answers to 2 decimal places.) Company Beta Cost of Capital Cisco Apple Hershey Coca-Cola 0.77 1.40 1.62 0.57

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