Suppose you have a portfolio that has $120 in stock A with a beta of...
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Suppose you have a portfolio that has $120 in stock A with a beta of 1.24. $480 in stock B with a beta of 0.59, and $360 in the risk-free asset. You have another $240 to invest. You wish to achieve a beta for your whole portfolio to be the same as the market beta What is the beta of the added security? The beta of the added security is Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in your final
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