You have observed the following returns over time:

Year	Stock X	Stock Y	Market
2011	14	%	13	%	11	%
2012	18		7		8
2013	-14		-6		-10
2014	3		2		2
2015	18		10		14

Assume that the risk-free rate is 4% and the market risk premium is 6%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.

Open spreadsheet

What is the beta of Stock X? Do not round intermediate calculations. Round your answer to two decimal places.

fill in the blank 2

What is the beta of Stock Y? Do not round intermediate calculations. Round your answer to two decimal places.

fill in the blank 3

What is the required rate of return on Stock X? Do not round intermediate calculations. Round your answer to one decimal place.

fill in the blank 4 %

What is the required rate of return on Stock Y? Do not round intermediate calculations. Round your answer to one decimal place.

fill in the blank 5 %

What is the required rate of return on a portfolio consisting of 80% of Stock X and 20% of Stock Y? Do not round intermediate calculations. Round your answer to one decimal place.

fill in the blank 6