You hold the positions in the table below	Price			Shares			Beta
Advanced Micro Devices	$	27.00			409		4.95
FedEx Corp		163.00			73		1.77
Microsoft		47.00			111		1.31
Sara Lee Corp		25.00			241		1.27

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

If you expect the market to earn 16.00 percent and the risk-free rate is 4.00 percent, what is the required return of the portfolio? (Do not round intermediate calculations and round your final answer to 2 decimal places.)