You are the money manager of a $2 million dollar portfolio. The portfolio consists of 4 stocks with an equal investment in each one. The betas of the 4 stocks are 1.25, -1.75, 1.00 and 0.75. The markets required return is 12% and the risk-free rate of return is 4%. Calculate this portfolio's beta.

You are the money manager of a $2 million dollar portfolio. The portfolio consists of 4 stocks with an equal investment in each one. The betas of the 4 stocks are 1.25, -1.75, 1.00 and 0.75. The markets required return is 12% and the risk-free rate of return is 4%. Calculate this portfolio's required return.