1. Cooley Company's stock has a beta of 1.86, the risk-free rate is 1.25%, and the market risk premium is 4.50%. What is the firm's required rate of return?
2. A portfolio is invested 33.6% in Stock A, 23.5% in Stock B, and the remainder in Stock C. The expected returns are 14.3%, 35.2%, and 13% respectively. What is the portfolio's expected returns?
Note: Enter your answer in percentages rounded off to two decimal points.