The risk-free return is 4.4% and the market risk premium is 13.0%. What is the expected return for the following portfolio? (State your answer in percent with two decimal places.) Stock Beta Investment AAA 3.2 $600,000 BBB 2.3 $1,000,000 CCC 2.0 $1,900,000 DDD 0.7 $1,000,000

The risk-free return is 4.43 and the market risk premium is 13.0%. What is the expected return for the following portfolio? (State your answer in percent with two decimal places.) Stock Beca Investment AAA 3.2$600,000 BBB 2.3$1,000,000 ccC2.0$1,900,000 DDD 0.7$1,000,000