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Anakin forms an aggressive growth portfolio by investing 24% of his savings in Ford stock, 21% in Nissan stock, 22% in Kia stock, 12% in

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Anakin forms an aggressive growth portfolio by investing 24% of his savings in Ford stock, 21% in Nissan stock, 22% in Kia stock, 12% in an index fund, and the last 21% is allocated on a bond fund. Assume for simplicity that the index fund is a good proxy to the market portfolio and has a beta equal to 1, whereas the bond fund is a good proxy to the riskless asset. The beta of Ford stock is 1.26, the beta of Nissan is 1.46, and the beta of Kia is 1.69. If the expected return of the market index is 12% and the risk-free asset yields 6%, what are the beta and the expected return of Anakin's portfolio? Give your answer rounded to two decimal places. This question has 2 parts (i.e., you will be clicking "Verify" twice). What is the beta of the portfolio? Number

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