Elle holds a $10,000 portfolio that consists of four stocks. Her investment in each stock, as well as each stocks beta, is listed in the following table:

Stock	Investment	Beta	Standard Deviation
Perpetualcold Refrigeration Co. (PRC)	$3,500	0.90	15.00%
Kulatsu Motors Co. (KMC)	$2,000	1.50	11.00%
Western Gas & Electric Co. (WGC)	$1,500	1.10	18.00%
Makissi Corp. (MC)	$3,000	0.50	22.50%

Suppose all stocks in Elles portfolio were equally weighted. Which of these stocks would contribute the least market risk to the portfolio?

Perpetualcold Refrigeration Co.

Western Gas & Electric Co.

Kulatsu Motors Co.

Makissi Corp.

Suppose all stocks in the portfolio were equally weighted. Which of these stocks would have the least amount of stand-alone risk?

Western Gas & Electric Co.

Perpetualcold Refrigeration Co.

Makissi Corp.

Kulatsu Motors Co.

If the risk-free rate is 4% and the market risk premium is 5.5%, what is Elles portfolios beta and required return? Fill in the following table:

	Beta	Required Return
Elles portfolio