A stock has an expected return of 10.6%, its beta is 0.65, and the risk-free rate is 4.6%. What must the expected return on the market be? 13.71%9.71%13.78%9.43%13.83% Stock W, X and Y have expected returns of 10.6%,12.7% and 11.3% respectively. Based on this and the attached information, what is the expected return of your portfolio? 11.93%11.42%11.62%10.82% Stock Marion provides 6.5% returns in recessions, 4.3% in a normal economy and 27.8% in expansions (boom). Based on this and the attached information on the probabilities of various states of the economy, what is the expected returns for stock Marion? 12.61%9.98%13.40%9.19%10.77%