You are an investor in common stock, and you currently hold a well-diversified portfolio which has an expected return of 14 percent, a beta of 1.2, and a total value of $10,000. You plan to increase your portfolio by buying 100 shares of AT&E at $ 10 a share. AT&E has an expected return of 16 percent with a beta of 1.7. What will be the expected return of your portfolio after you purchase the new stock? Enter your answer to the nearest .1%. Also enter your answer as a whole number, thus 12.4% would be 12.4 rather than .124.

You are an investor in common stock, and you currently hold a well-diversified portfolio which has an expected return of 14 percent, a beta of 1.2 , and a total value of $10,000. You plan to increase your portfolio by buying 100 shares of AT\&E at $ 10 a share. AT\&E has an expected return of 16 percent with a beta of 1.7 . What will be the expected return of your portfolio after you purchase the new stock? Enter your answer to the nearest. 1%. Also enter your answer as a whole number, thus 12.4% would be 12.4 rather than .124