Starbucks has a beta of 1.61. The current risk-free rate is 1%, and the expected returnon the overall stock market is 6%. What is your best estimate for Starbuck's expected return?

42% of Roger's portfolio is stock of Netflix. The rest is in stock of Target. Netflix's beta is 1.50, and Target's beta is 0.57. The current risk-free rate is 3%, and the expected return for the S&P 500 is 9%. What is the expected return of Roger's portfolio?