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The following table shows betas for several companies. Calculate each stock’s ex

ID: 2756300 • Letter: T

Question

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 7%. Use a 8% risk premium for the market portfolio. (Round your answers to 2 decimal places.)

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 7%. Use a 8% risk premium for the market portfolio. (Round your answers to 2 decimal places.)

Explanation / Answer

Answer:

Company Beta   Cost of Capital (RF+beta(Market risk premium)   Cisco 1.44      18.52%   Apple 1.66      20.28%   Hershey 0.61      11.88%   Coca-Cola 0.81      13.48%
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