expected return of each of the four individuall assets

8-28 (similar to) Question Help Expected return of a portfolio using beta. The beta of four stocks-P, Q, R, and S-are 0.58, 0.79, 1.11, and 1.42, respectively and the beta of portfolio 1 is 0.98, the beta of portfolio 2 is 0.85, 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 4.5% (risk-free rate) and a market premium of 11.5% (slope of the line)? What is the expected return of stock P? 1% (Round to two decimal places.)