You need to estimate the equity cost of capital for XYZ Corp. You have the following data available regarding past returns: Year Risk-free Retur Market Return XYZ Return 2007 3% 6% 10% 2008 1% -37% -45% Part A What was XYZ's average historical return? A. 17.5% B. 20.5% C.-17.5% *** for D.-20.5% Part B - Estimate XYZ's beta (Hint: You'd better compute the market's and XYZ's excess returns each year to proceed) Group of answer choices beta = 1.17 B. beta 1.35 C. beta = 1.11 D. beta = 1.29 Part C Estimate XYZ's historical alpha. - A. 3.1% B. 4.6% C. 5.5% dinitiation {"name 15018585kgeet dan D.4% - Part D Suppose the current risk-free rate is 3%, and you expect the market's return to be 8%. Use the CAPM to estimate an expected return for XYZ Corp.'s stock. Group of answer choices A. 9.45% B. 6.45% C.10.55% D.8.35% T