Please answer both parts:

A. Your investment club has only two stocks in its portfolio. $25,000 is invested in a stock with a beta of 0.5, and $55,000 is invested in a stock with a beta of 1.5. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.

B. AA Corporation's stock has a beta of 1.3. The risk-free rate is 5%, and the expected return on the market is 12%. What is the required rate of return on AA's stock? Do not round intermediate calculations. Round your answer to one decimal place.