White Company stock has a beta of 1.5 and a required return of 15%, while Black Company stock has a beta of 1.0 and a required return of 12%. The standard deviation of returns for White Company is 10% more than the standard deviation for Black Company. The expected return on the market portfolio
according to the CAPM is:

		10%
		11%
		12%
		13%
		None of the above