1. You own a stock portfolio invested 30 percent in Stock Q, 25 percent in Stock R, 35 percent in Stock S, and 10 percent in Stock T. The betas for these four stocks are .76, 1.14, 1.15, and 1.32, respectively. What is the portfolio beta? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Portfolio beta

2. A stock has a beta of 1.20, the expected return on the market is 10 percent, and the risk-free rate is 4.1 percent. What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Expected return %