Your investment portfolio has 5,000 shares of Fairfax Paint, which has an expected return of 11.92 percent and a price of 5.2 dollars per share, and 25,000 shares of Litchfield Design, which has a price of 2.8 dollars per share. If your portfolio has an expected return of 14.4 percent, then what is the expected return for Litchfield Design? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

Cher owns a portfolio that has a value of 67,600 dollars and consists of 3 stocks. It has 23,900 dollars worth of stock A, which has a beta of 0.49; it has 1,800 shares of stock B, which has a share price of 8 dollars and a beta of 1.29; and it has some stock C, which has a beta of 1.57. What is the beta of Chers portfolio? Round your answer to 2 decimal places (for example, 2.89, 0.70, or 1.00).