9. Suppose the risk-free return is 3.3% and the market portfolio has an expected return of 8.6% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.31. What is its expected return? The expected return is %. (Round to two decimal places.) 10. Suppose Intel stock has a beta of 1.44, whereas Boeing stock has a beta of 0.86. If the risk-free interest rate is 3.8% and the expected return of the market portfolio is 13.7%, according to the CAPM. a. What is the expected return of Intel stock? b. What is the expected return of Boeing stock? c. What is the beta of a portfolio that consists of 70% Intel stock and 30% Boeing stock? d. What is the expected return of a portfolio that consists of 70% Intel stock and 30% Boeing stock? (There are two ways to solve this.) a. What is the expected return of Intel stock? Intel's expected return is %. (Round to one decimal place.) b. What is the expected return of Boeing stock? Boeing's expected return is %. (Round to one decimal place.) c. What is the beta of a portfolio that consists of 70% Intel stock and 30% Boeing stock? The portfolio beta is (Round to two decimal places.) d. What is the expected return of a portfolio that consists of 70% Intel stock and 30% Boeing stock? (There are two ways to solve this.) The expected return of the portfolio is _%. (Round to one decimal place.)