can you please go step by step on how you solve this ? thank you

Assume you have created a 2 -stock portfolio by investing $30,000 in stock X with a beta of 0,8, and $70,000 in stock Y with a beta of 1.2 . Market risk premium is 88 and risk-free rate is 6%. The followings are the probability distributions of Stocks X and Y's future retums: 1. Calculate the pocticlio's expected rate of return and the standard deviation of its future returns 2. Calculate the required rate of return of your portfolio. 3. Which stock in your portiolio is currently under valued? Explain