DI II LU Parrino, Fundamentals of Corporate Finance, de Help System Announcements SOURCES Chapter 7 Problem 7.26 Kenneth knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return of the market risk premium. He also knows that the expected return on the market is 10.50 percent. What is the expected return on Kenneth's portfolio? (Round answer to 2 decimal places, e.g. 12.25) Solution S Expected return