Expected return of a portfolio using beta. The beta of four stocksP, Q, R, and sare 0.49, 0.84, 1.21, and 1.31, respectively and the beta of portfolio 1 is 0.96, the beta of portfolio 2 is 0.86, and the beta of portfolio 3 is 1.09. What are the expected returns of each of the four individual assets and the three portfolios if the current SML is plotted with an intercept of 3.0% (risk-free rate) and a market premium of 10.5% (slope of the line)? What is the expected return of stock P? % (Round to two decimal places.)