1. Discuss Beta and its components (principles of investment)
2. Discuss the role of indifference curves and the efficient frontier in constructing the CML, also discuss the components of the CML equation.
3. You have $59,000. You put 15% of your money in a stock with an expected return of 15%, $35,000 in a stock with an expected return of 18%, and the rest in a stock with an expected return of 21%. What is the expected return of your portfolio? (Round to two decimal places)