Stock J has a beta of $1\mathrm{.}32$ and an expected return of $13\mathrm{.}76$ percent, while Stock K has a beta of $.87$ and an expected return of $10\mathrm{.}7$

percent. You want a portfolio with the same risk as the market.

a$.$ What is the portfolio weight of each stock?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,32\mathrm{.}1616.$

b$.$ What is the expected return of your portfolio?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$Stock J has a beta of $1\mathrm{.}32$ and an expected return of $13\mathrm{.}76$ percent, while Stock K has a beta of $\mathrm{.}87$ and an expected return of $10\mathrm{.}7$ percent. You want a portfolio with the same risk as the market.

What is the portfolio weight of each stock?

Note: Do not round intermediate calculations and round your answers to $4$ decimal places, e$.$g$.,32\mathrm{.}1616.$

What is the expected return of your portfolio?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$