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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
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 6%. Use a 8% risk premium for the market portfolio. (Round your answers to 2 decimal places.) Company Cisco Apple Hershey Coca-Cola Beta 1.30 1.52 0.47 0.67 Cost of Capital % % % %
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