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. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

COMPANY	BETA	COST OF CAPITAL
Caterpillar	1.66
Apple	1.30
Johnson & Johnson	0.49
Consolidated Edison	0.21