Prices of S&P 500 and Facebook stock are given below. One-year T-bill rate is 0.14% on Jan 2021, and the expected market portfolio return is 12%. Answer the following questions.

Date	S&P 500 Index	FB Stock Price
Dec-19	$ 3,230.78	$ 205.25
Jan-20	$ 3,225.52	$ 201.91
Feb-20	$ 2,954.22	$ 192.47
Mar-20	$ 2,584.59	$ 166.80
Apr-20	$ 2,912.43	$ 204.71
May-20	$ 3,022.31	$ 225.09
Jun-20	$ 3,100.29	$ 227.07
Jul-20	$ 3,271.12	$ 253.67
Aug-20	$ 3,500.31	$ 293.20
Sep-20	$ 3,363.00	$ 261.90
Oct-20	$ 3,269.96	$ 263.11
Nov-20	$ 3,621.63	$ 276.97
Dec-20	$ 3,756.07	$ 273.16
Jan-21	$ 3,714.24	$ 258.33

1. What is the beta of FB stock based on the monthly returns from Jan 2020 Jan 2021? (Round to two decimal, e.g., 1.11

2. According to CAPM, what is the expected return of FB stock at Jan 2021? (two decimals, e.g., write 11.11 if 11.11%

3. Suppose you want to form a portfolio between FB stock and on-year T-bill, and the target expected return for the portfolio is 10%. What is the portfolio weight on FB stock? (two decimals, e.g., write 11.11 if 11.11%)

THE ABOVE INFORMATION WAS ALL THAT WAS GIVEN. Please show work and highlight answer. PLEASE COMPLETE ALL PARTS AS IT IS A COMPOUNDING QUESTION and as part of Chegg's guidelines, compounding questions must be answered up to 4 parts. All parts should have an answer and a "no answer" option is not a viable option.