1)What is the beta of the following portfolio?

Stock	Beta	Investment
A	2.2	$80,000
B	0.3	$24,000
C	1.8	$16,000
D	1.4	$40,000

Round to the second decimal place.

2)

Calculate the standard deviation of a portfolio consisting of 20 percent stock P and 80 percent stock Q.

Company	Beta	Expected Return	Standard Deviation	Correlation Coefficient
P	1.3	28%	50%	CORRP,Q = 0.3
Q	2.6	12%	40%

Round to the nearset hundredth percent. Answer in the percent format. Do not include % sign in your answer (i.e. If your answer is 4.33%, type 4.33 without a % sign at the end.)