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.

$\backslash$table$[[$Stock$,$Investment,Beta$],[$A$,$$$206,000,1\mathrm{.}45],[$B$,309,000,0\mathrm{.}50],[$C$,515,000,1\mathrm{.}20]]$

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 $14$ percent and that the risk$-$free rate is $7$ percent. $($Round beta answer to $3$ decimal places, e$.$g$.52\mathrm{.}750$ and expected rate of return answer to $2$ decimal places, e$.$g$.52\mathrm{.}75\%.)$

Beta of the portfolio

Expected rate of return

$\%$