Food Express is a well-established grocery chain. Computer Power is an up-and-coming computer software developer for business. Bridge Steel is an integrated steel producer, focusing on steel for buildings and bridges. Some information about the companies was provided by an investment banking company as follows:

		Expected Cash Flow	Expected Cash Flow Growth Rate
Firm	Beta	Year 1	Years 2 to 5	year 6 and on
Food Express	0.88	$6.1 million	3.7%	3.7%
Computer Power	0.95	2.8 million	7.4%	6.4%
Bridge Steel	1.28	10.8 million	1.9%	2.9%

a. If the risk-free rate is 3% and the expected market risk premium is 7%, what is each firm worth? (Enter your answers in millions. For example, an answer of $13,000,000 should be entered as 13. Round your answers to 2 decimal places. Do not round intermediate calculations.)

Value of Food Express (FE) today	$ million
Value of Computer Power (CP) today	$ million
Value of Bridge Steel (BS) today	$ million

b. If you owned all three companies, what would be the beta of your stock portfolio based on market-value weights? (Round your answer to 2 decimal places.)

Portfolio's beta