You hold the positions in the table below.
Price Shares Beta
Amazon.com $ 40.80 100 3.8
Family Dollar Stores 30.10 150 1.2
McKesson Corp 57.40 75 0.4
Schering-Plough Corp 23.80 200 0.5
What is the beta of your portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
If you expect the market to earn 12 percent and the risk-free rate is 3.5 percent, what is the required return of the portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.)