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Suppose the risk-free return is 3.2% and the market portfolio has an expected return of 8.1% and a standard deviation of 16%. Johnson & Johnson

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Suppose the risk-free return is 3.2% and the market portfolio has an expected return of 8.1% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.77. What is its expected return? The expected return is %. (Round to two decimal places.) Suppose Autodesk stock has a beta of 2.16, whereas Costco stock has a beta of 0.75. If the risk-free interest rate is 3% and the expected return of the market portfolio is 13.5%, what is the expected return of a portfolio that consists of 65% Autodesk stock and 35% Costco stock, according to the CAPM? The expected return is %. (Round to two decimal places.)

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