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UPS, a delivery services company, has a beta of 1.2, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 5% and

UPS, a delivery services company, has a beta of 1.2, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 5% and the market risk premium is 7%. What is the expected return on a portfolio with 30% of its money in UPS and the balance in Wal-Mart? Group of answer choices 9.16% 9.56% 10.00% 10.95%

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