14. Consider the stock of firms S and T. Company S stock is expected to provide a return of 9% with a variance of 16. Company T has an expected return of 7% with a variance of 25. Based on only the quantitative consideration of risk and return, which stock should an investor select? 15. Consider an investor portfolio holding the stock of three companies: Stocks K, L, and M. Given the following information, determine the expected portfolio return on the holdings. Stock Weight Return Standard Deviation K .15 8% 6% L .50 (2%) 8% M .35 14% 9% 16. Consider a stock with a beta of 1.46. If the current market portfolio is expected to provide a risk premium of 9% and the risk-free rate is 4%, what return should be expected on the portfolio