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ABCD Company has four subsidiaries with the following data Subsidiary Business % Beta A 35% 0.8 B 30% 1.1 C 25% 1.2 10% 0.9 Portfolio

ABCD Company has four subsidiaries with the following data
Subsidiary Business % Beta
A 35% 0.8
B 30% 1.1
C 25% 1.2
10% 0.9
Portfolio Beta
Assume
Expected risk free rate (rRF) 3%
Expected market return 9%
Find the portfolio return? approximation to one decimal point

a- 6.0%

b- 7.0%

c- 8.0%

d- 9.0%

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