Consider the multifactor model APT with three factors. Portfolio A has a beta of 0.75 on factor 1, a beta of 1.2 on factor 2, and a beta of 1.3 on factor 3. The risk premiums on the factor 1, factor 2, and factor 3 are 396, 596, and 296, respectively. The risk-free rate of return is 496. The expected return on portfolio A is if no arbitrage opportunities exist. https://blackboardlearn.utep.edu/bbcswebdav/courses/16018.202110/Spreadsheet 16018.xlsx 14.85% 13.5 W 23.096 16.5%