The expected return on the market portfolio is 17 percent


The expected return on the market portfolio is 17 percent, and the return on the risk-free security is 5 percent. What is the expected return on a portfolio with a beta equal to 0.5? (Round answer to 1 decimal place, e.g. 17.5%.)

Expected return:

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Financial Management: The expected return on the market portfolio is 17 percent
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