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Creating portolios is a good way to lower risk. With that in mind, you have three stocks you want to combine. Stock A has a

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Creating portolios is a good way to lower risk. With that in mind, you have three stocks you want to combine. Stock A has a weight of 20% and a return of 8%, and a beta of 1.09. Stock B has a weight of 35% and a return of 11%, and a beta of 1.14. Stock C has a weight of 45% and a return of 13%, and a beta of.97. What is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Expected return %

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