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3. Calculate the expected rate of return for the following portfolio, based on a Treasury bill yield of 4% and an expected market return of

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3. Calculate the expected rate of return for the following portfolio, based on a Treasury bill yield of 4% and an expected market return of 13%: Stock Percent of Portfolio 20% 25% 10% 30% 15% Beta 1.6 1.2 1.0 0.9 0.8

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