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A tutor that knows how to properly solve these please help. thank you! P 12-5 (similar to) Question Help You have $70,000. You put 17%

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P 12-5 (similar to) Question Help You have $70,000. You put 17% of your money in a stock with an expected return of 10%, $40,000 in a stock with an expected return of 18%, and the rest in a stock with an expected return of 19%. What is the expected return of your portfolio? The expected retum of your portfolio is %. (Round to two decimal places.) At the beginning of 2007 (the year the iPhone was introduced), Apple's beta was 1.1 and the risk-free rate was about 5.4%. Apple's price was $80.24. Apple's price at the end of 2007 was $199.08. If you estimate the market risk premium to have been 5.7%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected retum is_%. (Round to two decimal places.)

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