Suppose News Corporation shares have a beta of 1.55, whereas CBA shares have a beta of 0.85. If the risk-free interest rate is 4.8 % and the expected return of the market portfolio is 13.2 %, according to the CAPM, a. what is the expected return of News Corp shares? b. what is the expected return of CBA shares? c. what is the beta of a portfolio that consists of 65 % News Corp shares and 35 % CBA shares? d. what is the expected return of a portfolio that consists of 65 % News Corp shares and 35 % CBA shares?

a. What is the expected return of News Corp shares? News Corp's expected return is nothing%. (Round to one decimal place.) b. What is the expected return of CBA shares? CBA's expected return is nothing%. (Round to one decimal place.) c. What is the beta of a portfolio that consists of 65 % News Corp shares and 35 % CBA shares? The portfolio beta is nothing. (Round to two decimal places.) d. What is the expected return of a portfolio that consists of 65 % News Corp shares and 35 % CBA shares? The expected return of the portfolio is nothing%. (Round to one decimal place.)