1.You own a portfolio that has $3,200 invested in Stock A and $4,300 invested in Stock B. Assume the expected returns on these stocks are 12 percent and 18 percent, respectively.What is the expected return on the portfolio?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)

2.You own a portfolio equally invested in a risk-free asset and two stocks. One of the stocks has a beta of 1.12 and the total portfolio is equally as risky as the market.What must the beta be for the other stock in your portfolio?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

3.A stock has an expected return of 10.3 percent, its beta is 1.02, and the risk-free rate is 6.35 percent.What must the expected return on the market be?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

4.Consider the following information:

State of Economy Probability of State of Economy Rate of Return if State Occurs Recession. .23 -.11

Normal. .47 .13

Boom .30 .32

Calculate the expected return.(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)