You hold the positions in the table below.

Assumed

Price Shares Assumed

Beta Advanced Micro Devices $ 19.00 380 4.80 FedEx Corp 182.00 70 1.82 Microsoft 17.00 101 0.81 Sara Lee Corp 22.00 245 1.16

What is the beta of your portfolio? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Portfolio beta

If you expect the market to earn 8.00 percent and the risk-free rate is 3.00 percent, what is the required return of the portfolio? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Required return %