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. You are an investor in common stock, and you currently hold a well-diversified portfolio which has a required return of 12%, a beta of

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. You are an investor in common stock, and you currently hold a well-diversified portfolio which has a required return of 12%, a beta of 1.2, and a total value of $6,000. You plan to increase your portfolio by buying 400 shares of AT&E at $10 a share. AT&E has a beta of 1.8. The current T-bill rate is 3%. . What will be the required return of your portfolio after you purchase the new stock? Select one: O a. 12.35% b. 12.90% c. 13.35% d. 13.80% e. 12.45%

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