I only need parts C and D answered of this question. I have simply provided the rest of the question for reference.

4. The beta of Pant Companies is 0.8, and the beta of Pizarro Corporation is 1.4. The 10-year risk-free rate is 3% and the expected market risk premium is 7%.

a. What is the beta of a portfolio made up of 40% Pant Companies and 60% Pizarro? (5 pts)

b. What is the required return of this portfolio? (5 pts)

Security analysts are projecting an expected return on this portfolio of 11.5% with a standard deviation of 3.5%.

C. What is the probability that this portfolio is currently overvalued? (5 pts) D.What is the probability that this portfolio is currently undervalued? (5 pts)