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Bankers Corp. has a very conservative beta of . 7 , while Biotech Corp. has a beta of 2 . 1 . Given that the

Bankers Corp. has a very conservative beta of .7, while Biotech Corp. has a beta of 2.1. Given that the T-bill rate is 5%, and the market is expected to return 15%, what is the expected return of Bankers Corp., Biotech Corp., and a portfolio composed of 60% of Bankers Corp. and 40% Biotech Corp.?

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