Question 3 1 pts You manage a $20M mutual fund that has a beta of 1.31 and a 10.30% expected return. The risk-free rate is 3.30%. You now receive an additional $5M, which you invest in stocks with an average beta of 0.69. The expected return of the new portfolio is %. Answer in percentage, rounded to two decimal places. Question 4 1 pts Assume that you hold a well-diversified portfolio that has an expected return of 9.94% and a beta of 0.94. You are in the process of buying 1,000 shares of Alpha Corp at $10 a share and adding it to your portfolio. Alpha has an expected return of 12.28% and a beta of 1.60. The total value of your current portfolio is $90,000. What is the expected return of the new portfolio