Expected return of a portfolio using beta. The beta of four stocks- P,Q,R, and S are 0.49,0.91,1.04, and 1.34, respectively and the beta of portfolio 1 is 0.95, the beta of portfolio 2 is 0.85, and the beta of portfolio 3 is 1.05. What are the expected returns of each of the four individual assets and the the portfolios if the current SML is plotted with an intercept of 4.0% (risk-free rate) and a market premium of 12.0% (slope of the line)? What is the expected return of stock P ? \% (Round to two decimal places.)