The future value of a $4,000 received at the beginning of each period at 12 percent compounded quarterly for each of the next 10 years is (2 points) $310,653 $280,974. $350,061 $130,420. An analyst in the accounting department gathered the following data on the stock portfolio portion of a university's endowment pool: Security Amount Invested Expected Return Beta Stock A 1,000,000 30% 0.80 Stock B 250,000 16% 1.40 Stock C 3,000,000 10% 0.95 Stock D 450,000 14% Stock E 2,500,000 5% 1.00 Based on the above data, the analyst calculated the expected return on the stock portfolio to be 1.50