Question 8 (0.2 points) Consider the following probability distribution of returns on stock XYZ. What is the expected return of stock XYZ? (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 8.43%, instead of 0.0843) Probability Return 0.20 -3% 0.40 12% 0.40 27% Your Answer: Answer units View hint for Question 8 Question 9 (0.2 points) Calculate the expected return on a portfolio that contains 30% of a stock with an expected return of 1% and 70% of a stock with an expected return of 12%. (Enter your answer as a percentage rounded to 2 decimal places. For example, enter 1.53% instead of .0153.) Your Answer: Answer units View hint for Question 9 Question 10 (0.2 points) Diversifying a portfolio across various sectors and industries might do more than one of the following. However, this diversification will do which one of the following? 1) Reduce the portfolio's systematic risk level. O2) Reduce the portfolio beta. O3) Increase the security's risk premium. 04) Reduce the portfolio's unsystematic risk level. View hint for Question 10