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UPS, a delivery services company, has a Beta of 1.10, and Wal-Mart has a Beta of 0.70. The Risk-Free Rate of return is 3.40% and

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UPS, a delivery services company, has a Beta of 1.10, and Wal-Mart has a Beta of 0.70. The Risk-Free Rate of return is 3.40% and the expected return of the market portfolio is 10.50%. What is the expected return on a portfolio with 30% of its money invested UPS and the remaining balance invested in Wal-Mart? 11.20% 10.24% 9.22% 9.74% 12.01%

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