The table below reproduces Johns notes on Pioneer Gypsum and Global Mining. Calculate the expected return, risk premium, and standard deviation of a portfolio invested partly in the market and partly in Global Mining. (You can calculate the necessary inputs from the betas and standard deviations given in the table. Hint: A stocks beta equals its covariance with the market return divided by the variance of the market return.) Assume that Global accounts for .75% of the S&P index

	Pioneer Gypsum	Global Mining
Expected Return	11.0%	12.9%
Standard Deviation	32%	24%
Beta	0.65	1.22
Stock Price	$87.50	$105.00