Problem 12-10 Portfolio Weights (LO4, CFA2) A stock has a beta of 1.1 and an expected return of 13 percent. A risk-free asset currently earns 3.7 percent. a. What is the expected return on a portfolio that is equally invested in the two assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Answer is complete and correct. Expected return 8.35 % b. If a portfolio of the two assets has a beta of 23, what are the portfolio weights? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Answer is complete and correct. Stock Risk-free asset Portfolio Weight 20.91% 79.09% c. If a portfolio of the two assets has an expected return of 12.25 percent, what is its beta? (Do not round intermediate calculations Round your answer to 4 decimal places.) Answer is complete but not entirely correct. Beta 12.2500 X d. If a portfolio of the two assets has a beta of 1.32, what are the portfolio weights? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Portfolio Weight % Stock Risk-free asset %