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UPS, a delivery services company, has a beta of 1 . 5 , and Wal - Mart has a beta of 0 . 7 .

UPS, a delivery services company, has a beta of 1.5, and Wal - Mart has a beta of 0.7. The risk - free rate of interest is 5% and the market risk premium is 9%. What is the expected return on a
portfolio with 30% of its money in UPS and the balance in Wal - Mart?
A.14.13%
B.13.46%
C.12.79%
D.13.19%
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