The beta of four stocks$-$P$,$ Q$,$ R$,$ and $S-$are respectively $0\mathrm{.}6,0\mathrm{.}85,1\mathrm{.}2,$ and $1\mathrm{.}35.$

$\backslash$table$[[,$Weight in P$,$Weight in Q$,$Weight in R$,$Weight in S$],[$Portfolio $1,25\%,25\%,25\%,25\%$

QUESTION $1$: What is the expected return of portfolio $1$ if the current SML is plotted with an intercept of $3\%($risk$-$free rate$)$ and a market premium of $11\%($slope of the line$)?$

QUESTION $2$: What is the expected return of portfolio $2$ if the current SML is plotted with an intercept of $3\%($risk$-$free rate$)$ and a market premium of $11\%($slope of the line$)?$

QUESTION $3$: What is the expected return of portfolio $3$ if the current SML is plotted with an intercept of $3\%($risk$-$free rate$)$ and a market premium of $11\%($slop of the line$)?$