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Suppose Autodesk stock has a beta of 2.30, whereas Costco stock has a beta of 0.69. If the risk-free interest rate is 6% and the

Suppose Autodesk stock has a beta of 2.30, whereas Costco stock has a beta of 0.69.

If the risk-free interest rate is 6% and the expected return of the market portfolio is 11.5%, what is the expected return of a portfolio that consists of 60% Autodesk stock and 40% Costco stock, according to the CAPM?

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