The market risk premium is given as 10.3 percent. The risk free rate is 2.9 percent. You invest $500,000 in a stock with a beta of 1.40. What is the expected value of your portfolio at the end of one year, if the capital asset pricing model is valid?

Group of answer choices

$572,100

$537,000

$586,600

$566,300

$545,900