1. You own a stock portfolio invested 32 percent in Stock Q, 22 percent in Stock R, 19 percent in Stock S, and 27 percent in Stock T. The betas for these four stocks are 1.73, 0.80, 2.38, and 1.70, respectively. What is the portfolio beta? Enter the answer with 4 decimals (e.g. 1.1234)

2. A stock has a beta of 0.66, the expected return on the market is 0.08, and the risk-free rate is 0.03. What must the expected return on this stock be? Enter the answer with 4 decimals (e.g. 0.1234).

3. You own a portfolio that has $10000 invested in Stock A and $2900 invested in Stock B. If the expected returns on these stocks are -0.09 and -0.15, respectively, what is the expected return on the portfolio?

Enter the answer with 4 decimals (e.g. 0.1234).