1. Suppose the risk-free return is 6.3% and the market portfolio has an expected return of 10.2% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.77. What is its expected return?

The expected return is ____% (Round to two decimal places.)

2. EJH has a beta of 1.6, CSH has a beta of 0.5, and KMS has a beta of 1. If you put 22% of your money in EJH, 22% in CSH, and 56% in KMS, what is the beta of your portfolio?

The beta of your portfolio is (Round to two decimal places.)