1.A portfolio is invested 25 percent in Stock G, 60 percent in Stock J, and 15 percent in Stock K. The expected returns on these stocks are 10 percent, 17 percent, and 24 percent, respectively. What is the portfolio's expected return?

2.A stock has an expected return of 16 percent, its beta is 0.85, and the risk-free rate is 8 percent. What must the expected return on the market be?