You own a portfolio consisting of the following stocks:

STOCK	PERCENTAGE OF PORTFOLIO	BETA	EXPECTED RETURN
1	20%	1.1	16%
2	30%	0.8	14%
3	15%	1.15	22%
4	25%	0.55	12%
5	10%	1.55	25%

The risk-free rate is 5 percent. Also, the expected return on the market portfolio is 9 percent.

a. Calculate the expected return of your portfolio_________%. (round to 2 decimals and assume %) (Hint: The expected return of a portfolio equals the weighted average of the individual stocks' expected returns, where the weights are the percentage invested in each stock.)

b. Calculate the portfolio beta_________. (round to 2 decimal places)