Homework: Chapter 8 Homework Save Score: 0 of 10 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 10 pts P8-28 (similar to) Question Help Expected return of a portfolio using beta. The beta of four stocksP, Q, R, and S are 0.42, 0.74, 1.16, and 1.31, respectively and the beta of portfolio 1 is 0.91, the beta of portfolio 2 is 0.79, and the beta of portfolio 3 is 1.05. 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 10.0% (slope of the line)? What is the expected return of stock P? % (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. ? 6 parts Clear All Check Answer remaining