The following three stocks are available in the market:

Assume the market model is valid. $($Do not round intermediate calculations. Round the answers to $2$ decimal places.$)$

a$.$ This part of the question is not part of your Connect assignment.

b$.$ What is the expression for the return on a portfolio with weights of $35$ percent in stock $A,35$ percent in stock $B,$ and $30$ percent in

stock $C?$

c$.$ Suppose the return on the market is $14\mathrm{.}30$ percent. What is the return on a portfolio with weights of $35$ percent in stock $A,35$

percent in stock $B,$ and $30$ percent in stock C$?$

The portfolio return

$\%$