The CFO of MediSearch plc believes that investing into a project which will develop a new drug for fighting the flu virus, promises a long-term annual return of 13%. The expected return of the market index is RM = 11.5%, the volatility of the market index is M = 12%, and the risk-free asset earns Rf = 2.8%. The CFO has studied similar projects of other companies and believes that the covariance between the returns of this project and the returns of the market is = 0.0106 (in decimal form). op,M This question has 3 parts (i.e., you will be clicking "Verify" 3 times). What is the beta of the project? Enter your answer rounded to two decimal places. Number Obi-wan forms an aggressive growth portfolio by investing 23% of his savings in GM stock, 23% in Toyota stock, 21% in Kia stock, 10% in an index fund, and the last 23% is allocated on a bond fund. Assume for simplicity that the index fund is a good proxy to the market portfolio and has a beta equal to 1, whereas the bond fund is a good proxy to the riskless asset. The beta of GM stock is 1.11, the beta of Toyota is 1.6, and the beta of Kia is 1.85. If the expected return of the market index is 13% and the risk-free asset yields 7%, what are the beta and the expected return of Obi-wan's portfolio? Give your answer rounded to two decimal places. This question has 2 parts (i.e., you will be clicking "Verify" twice). What is the beta of the portfolio? Bp= Number =