You hold the positions in the table below.

		PRICE	SHARES	BETA
Advanced Micro Devices	$	18.20	201	4.6
FedEx Corp		118.00	70	2.0
Microsoft		26.00	157	1.8
Sara Lee Corp		20.75	212	1.7

What is the beta of your portfolio? (Round your answer to 2 decimal places.)

Portfolio beta

If you expect the market to earn 20.5 percent and the risk-free rate is 7.0 percent, what is the required return of the portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Portfolio's required return

%