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A stock has a beta of 0 . 7 and an expected return of 1 7 percent. A risk - free asset currently earns 4

A stock has a beta of 0.7 and an expected return of 17 percent. A risk-free asset currently earns 4.8 percent.
a. What is the expected return on a portfolio that is equally invested in the two assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Expected return
b. If a portfolio of the two assets has a beta of 0.50, what are the portfolio weights? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
\table[[,Portfolio Weight],[Stock,71.43%
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