1.a) A stock has an expected return of 11.6 percent and a beta of 1.51, and the expected return on the market is 9.6 percent. What must the risk-free rate be? (Enter answer in percents, not in decimals.)

1.b) You have $284 thousand to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.66 percent, and Stock L, with an expected return of 10.65 percent. If your goal is to create a portfolio with an expected return of 12.08 percent, how much money will you invest in Stock H?