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In an efficient market, the risk-free interest rate is 3.55% and the market portfolio's expected return is equal to 15.73%. You invest in a portfolio

In an efficient market, the risk-free interest rate is 3.55% and the market portfolio's expected return is equal to 15.73%. You invest in a portfolio that contains shares in the three companies Ass Halloj AB, Elektrolyx AB and Get-Inge AB. Ass Halloj has a beta value of 0.64 and a portfolio weight of 0.40, Elektrolyx has a beta value of 1.35 and a portfolio weight of 0.27 and Get-Inge has a beta value of 1.15 and a portfolio weight of 0.33. Assume that CAPM holds and calculate the portfolio's expected return. Enter your answer in percentage points and round your answer to 2 decimal places, e.g. if your answer is 3.2516% answer then 3.25.

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