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Suppose Autodesk stock has a beta of 2.40, whereas Costco stock has a beta of 0.69. If the risk-free interest rate is 4.5% and the

Suppose Autodesk stock has a beta of 2.40, whereas Costco stock has a beta of 0.69. If the risk-free interest rate is 4.5% and the expected return of the market portfolio is

13.0%, what is the expected return of a portfolio that consists of 70% Autodesk stock and 30% Costco stock, according to the CAPM?

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