Problem 13-20 Using CAPM (L04] A stock has a beta of 1.35 and an expected return of 11 percent. A risk-free asset currently earns 3.6 percent. a. What is the expected return on a portfolio that is equally invested in the two assets? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. If a portfolio of the two assets has a beta of .81, what are the portfolio weights? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., .16.) c. If a portfolio of the two assets has an expected return of 7 percent, what is its beta? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) d. If a portfolio of the two assets has a beta of 2.70, what are the portfolio weights? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) a. Expected return % b. Weight of stock b. Weight of risk-free c. Portfolio beta d. Weight of stock d. Weight of risk-free