Consider the following information: State of Economy Recession Normal Boom Probability of State of Rate of Return if State Economy Occurs 0.21 -0.07 0.55 0.12 0.24 0.33 Required: Calculate the expected return. Multiple Choice 12.40% 13.70% 2.53% 0 13.57% O 13.05% A stock has a beta of 1.15, the expected return on the market is 13 percent, and the risk- free rate is 5.2 percent. What must the expected return on this stock be? Multiple Choice 14.17% 14.74% 14.88% 13.46% 20.15% You own a portfolio that has $2,050 invested in Stock A and $3,900 invested in Stock B. If the expected returns on these stocks are 9 percent and 18 percent, respectively, what is the expected return on the portfolio?(Do not round your intermediate calculations.) Multiple Choice O 13.50% O 15.64% O 12.10% O 14.90% O 15.20% You own a stock portfolio invested 35 percent in Stock Q, 15 percent in Stock R, 15 percent in Stock S, and 35 percent in Stock T. The betas for these four stocks are 1.17, 0.58, 0.8, and 1.05, respectively. What is the portfolio beta? Multiple Choice 0.93 0.96 1.03 0.98 A stock has an expected return of 14 percent, its beta is 1.3, and the expected return on the market is 12 percent. What must the risk-free rate be? (Do not round your intermediate calculations.) Multiple Choice O 5.33% 5.55% O 5.60% 5.07% O -1.60%