Karens portfolio, which has a beta of 1.10 consists of three mutual funds: an international fund, a

Question:

Karens which has a beta of 1.10 consists of three mutual funds: an international fund, a utility fund and a technology fund. The international fund has a beta of 1.5 and makes up 20% of the The utility fund has a beta of 0.5 and the technology fund has a beta of 1.3. If the portfolios beta equal 1.10, how much of Karens is invested in the technology fund?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...