Graded CH7 Assignment Question 20 of 28 < > View Policies -/1 E Current Attempt in Progress In order to fund her retirement, Patricia needs her portfolio to have an expected return of 13.1 percent per year over the next 30 years. She has decided to invest in Stocks 1, 2, and 3, with 25 percent in Stock 1, 50 percent in Stock 2, and 25 percent in Stock 3. If Stocks 1 and 2 have expected returns of 9 percent and 10 percent per year, respectively, then what is the minimum expected annual return for Stock 3 that is likely to enable Patricia to achieve her investment requirement? (Round answer to 1 decimal place, e.g. 17.5%.) Expected annual return % eTextbook and Media Save for Later Using multiple attempts will impact your score. 50% score reduction after attempt 2 Attempts: 0 of 3 used Submit Answer