Need answer ASAP please!
Suppose Autodesk stock has a beta 2.10?, whereas Costco stock has a beta of 0.70. If the? risk-free interest rate is 6% and the expected return of the market portfolio is 13.5%?, what is the expected return of a portfolio that consists of 70% Autodesk stock and 30% Costco? stock, according to the? CAPM?
The expected return is what %? (Round to one decimal? place.)