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The risk-free return is 3.2% and the market risk premium is 13.2%. What is the expected return for the following portfolio? (State your answer in
The risk-free return is 3.2% and the market risk premium is 13.2%. What is the expected return for the following portfolio? (State your answer in percent with two decimal places.)
Stock Beta Investment
AAA 3.1 $700,000
BBB 2.3 $1,000,000
CCC 1.9 $1,700,000
DDD 0.8 $1,000,000
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