You have just invested in a portfolio of three stocks. The amount of money that you invested in each stock and its beta are summarized below.

During the period from 2011 through 2015 the annual returns on small U.S. stocks were - 3.80 percent, 19.15 percent, 45.91 percent, 3.26 percent, and -3.80 percent, respectively. What would a $1 investment, made at the beginning of 2011, have been worth at the end of 2015? (Round answer to 3 decimal places, eg. 52.750.) Value in 2015 $ What average annual return would have been earned on this investment? (Round answer to 2 decimal places, eg. 52.75.) Average annual return percent per year. You have just invested in a portfolio of three stocks. The amount of money that you invested in each stock and its beta are summarized below. Stock Investment Beta A $192,000 288,000 480,000 1.59 0.62 B C 1.34 Calculate the beta of the portfolio and use the Capital Asset Pricing Model (CAPM) to compute the expected rate of return for the portfolio. Assume that the expected rate of return on the market is 12 percent and that the risk-free rate is 5 percent. (Round beta answer to 3 decimal places, e.g. 52.750 and expected rate of return answer to 2 decimal places, eg: 52.75%) Beta of the portfolio Expected rate of return