1.) Rosemart stock has a 25% chance of producing a 27% return, a 50% chance of producing a 16% return, and a 25% chance of producing a 6% return. What is the firm's expected rate of return (in percent)?

2.) Loki Solutions stock has a standard deviation of returns equal to 50%. The standard deviation of the market returns is 14%. If the correlation between Loki Solutions and the market is 0.6, then what is Loki Solutionss beta?