Suppose you have a portfolio consisting of the following Stock Amount Invested Beta Syrah Co $580,000 0.72 Cab Co. $180,000 1.21 Zin Co $730,000 2 Assume the expected return on the market is 9.1%ly a What is the portfolio beta?(round to 2 decimals) b. If the risk-free rate is 3.1% and the market risk premium is 6%, what is the expected return on the portfolio? % C. Suppose after management fees and other expenses the actual return on the portfolio is 9.6%. Evaluate management's performance. A. Management's performance was good because it beat the market. B. Management's performance was not good because it was less than expected given the risk