You hold the positions in the table below.

	Assumed Price			Shares			Assumed Beta
Amazon.com	$	47.00			179		3.50
Family Dollar Stores		32.00			183		2.70
McKesson Corp		66.00			125		0.45
Schering-Plough Corp		34.00			483		1.82

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

Portfolio beta

If you expect the market to earn 12.20 percent and the risk-free rate is 3.00 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

%