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Jim has a three stock portfolio. Details of the portfolio are provided in the table. If the T-bill rate is 5% and the market risk

Jim has a three stock portfolio. Details of the portfolio are provided in the table. If the T-bill rate is 5% and the market risk premium is 5.5%. According to the CAPM, what is the expected return of Jim's portfolio? ____%

Stock

Investment

Beta

A

$60,000

1.6

B

$80,000

1.0

C

$60,000

0.8

Instruction: Enter your response as a percentage with two decimal places.

For example, if your answer is 0.1213=12.13%, please only enter "12.13", please do not enter "0.1213" or "12.13%", the system may not recognize the % sign. You may put negative signs if necessary,

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