You hold the positions in the bale below.

Advanced Micro Devices Assumed price $15.00 311 shares and assumed Beta 4.21,

FedEX Corpt $216.00 98 1.48

Microsoft $20.00 120 .95

Sara Lee Corp $22.00 246 .76

What is the beta of your portfolio? (Do not round intermediate calculations and round yoour final answer4 to 2 decimal places.) Portfolio beta _______

If you expect the market to earn 17.60 percent and the risk-free rate is 5.60 percent, what is the required return of the portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Required Return ____ %