You have a portfolio with a beta of 1.90. What will be the new portfolio beta if you keep 88 percent of your money in the old portfolio and 12 percent in a stock with a beta of 0.95? (Do not round Intermediate calculation and round your answer to 2 decimal places.) Suppose Paccars current stock pike is $104.10 end it is likely to pay a $3.02 dividend next year. Since analysts estimate Paccar will have an 7.6 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)Required return %