You are the new VP Treasury at Morgoths Amusements, a manufacturer of fantasy-themed carnival rides. You are reviewing your predecessors investments. The Board of Directors have set the required rate for long-term investments at a minimum of 11.5%. Below is the portfolio of investments:

Stock	Investment	Beta
Balrog Hot Yoga Centres	$ 4,250,000	1.92
Gondolin Security	$ 2,355,000	0.93
Ulmo's Beach Resorts	$ 720,000	1.4
IBM Corp	$ 1,850,000	0.87

If the return on the market portfolio is 9% and the 90-day T-Bills are selling at 2% (the risk-free rate); is the expected return of the portfolio aligned with the required return as set by the Board of Directors?