Required Rate of Return AA Corporation's stock has a beta of 0.8. The risk-free rate is 3%, and the expected return on the market is 10%. What is the required rate of return on AA's stock? Do not round intermediate calculations. Round your answer to one decimal place. % Portfolio Beta Your investment club has only two stocks in its portfolio. $25,000 is invested in a stock with a beta of 0.6, and $55,000 is invested in a stock with a beta of 1.4. What is the portfolio's beta? Do not round intermediate calculations. Round your answer to two decimal places.