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UPS, a delivery services company, has a beta of 14, and Wal-Mart has a beta of 0.7 The risk-free rate of interest is 5% and

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UPS, a delivery services company, has a beta of 14, and Wal-Mart has a beta of 0.7 The risk-free rate of interest is 5% and the market risk premium is 8%. What is the expected return on a portfolio with 40% of its money in UPS and the balance in Wal-Mart? OA 14.12% OB. 12.2% OC. 1156% OD. 12.34%

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