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The risk-free return is 3.0% and the market return is 16.0%. What is the expected return for the following portfolio? (State your answer in percent

The risk-free return is 3.0% and the market return is 16.0%. What is the expected return for the following portfolio? (State your answer in percent with two decimal places.) Stock Beta Investment AAA 3.9 $600,000 BBB 2.6 $1,200,000 CCC 1.7 $1,700,000 DDD 0.7 $1,000,000 Question 8 options: 32.18% 26.14% 35.18% 29.14% 20.11%

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