Stock J has a beta of 1.36 and an expected return of 13.96 percent, while Stock K has a beta of .91 and an expected return of 10.9 percent. You want a portfolio with the same risk as the market.

What is the portfolio weight of each stock?(Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.)

Stock J

Stock K

What is the expected return of your portfolio?(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimalplaces, e.g., 32.16.)

Expected return of the portfolio

%

For both anwsers please show your steps/ explanation