14A) WuWuToo stock had a return last year of 13.35%. The Russell 3000 returned 8.53% last year. One year ago, a US Treasury zero coupon bond (i.e. a 1 year T-Bill), with a face value of $1000 was trading at $957.44. Determine the excess return of WuWuToo stock in the prior year. Enter your answer as a percent

14B)You currently own a three-asset portfolio comprised of stocks A, B and C. You currently own 231 shares of stock A, 708 shares of stock B, and 362 shares of stock C.

The stocks currently have market prices per share of $29, $55 and $97 respectively.

You recently ran a Market Model Regression (MMR), for each of the three stocks, and estimated values for beta of 0.6, 0.5, and 1.75 respectively.

Youve estimated the expected return of the broad stock market to be 10.8% per year. The risk-free rate is currently 2.9% per year.

Using the CAPM, determine the expected return of your current three-asset portfolio.

Express the expected return in annual terms, in percentage terms, not in decimal terms, using at least 3 significant digits.