1. REQUIRED RATE OF RETURN
Assume that the risk-free rate is 6.5% and the required return on the market is 13%. What is the required rate of return on a stock with a beta of 2.4? Round your answer to two decimal places. %
2. PORTFOLIO BETA
An individual has $35,000 invested in a stock with a beta of 0.7 and another $65,000 invested in a stock with a beta of 1.8. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.