QUESTION 9

1. Rohan has decided to invest his first big bonus. He has chosen 3 investments that are aligned with his values and he thinks are really cool. He has collected the following information for his four investments:

   Company	Total Value of shares	Beta	Standard deviation	Expected market return
   HydroGen	$1200	1.6	45%	8%
   CycleUp	$700	0.9	23%	8%
   Enova	$800	0.5	69%	8%

   In addition, he found the 10-yr government bond yield to be 3% p.a. What is the expected return of Rohan's portfolio? Enter your answer in a decimal format to six decimal places (0.123456 not 12.3456%)