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Stock J has a beta of 1.18 and an expected return of 12.9 percent, while Stock K has a beta of .89 and an expected

Stock J has a beta of 1.18 and an expected return of 12.9 percent, while Stock K has a beta of .89 and an expected return of 9.8 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., .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., 32.16.

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