Again I got the portfolio Beta, but the book does not explain very well how to get the required return, explanation is helful for me to understand...Thanks AMD is 11,043 @ 32.30% of portfolio FedEx is 11,899 @ 34.80% of portfolio M.S. 5217 is @ 15.26% of portfolio Sare Lee is 6025 @ 17.62% of portfolio

You hold the positions in the table below.

	Assumed Price			Shares			Assumed 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.)

Portfolio beta

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.)

Required return

%