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Sky Co. has a beta of 1.3 and Land Co. has a beta of 1.1. The risk free rate is 2% and the required return

Sky Co. has a beta of 1.3 and Land Co. has a beta of 1.1. The risk free rate is 2% and the required return on the market rm is 11%. According to the CAPM, what is the required return on a portfolio invested 70% in Sky Co. and 30% invested in Land Co.? O a. 9.02% O b. 12.02% O c. 13.16% O d. 15.64%

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