3 Question 6 (1 point) Tom Skinner has $55,000 invested in a stock with a beta of 0.6 and another $45,000 invested in a stock with a beta of 1.2. These are the only two investments in his portfolio. What is his portfolio's beta? a) 1.03 b) 1.08 Oc) 0.96 d) 0.93 e) 0.87 Question 7 (1 point) Kamath Manufacturing Company has a beta of 1.45, while Gehr Industries has a beta of 0.85. The required return on the stock market is 12.00%, and the risk-free rate is 6.00%. What is the difference between Kamath's and Gehr's required rates of return? (Hint: First, find the market risk premium, then find required returns on the stocks.) a) 4056 MacBook Air 888 80 13 5 so 3 FA # %