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20. The annualized risk-free rate as well as your borrowing rate is 4%. The risky stock's return is 9% annually with a beta of 1.32.

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20. The annualized risk-free rate as well as your borrowing rate is 4%. The risky stock's return is 9% annually with a beta of 1.32. You have $10000 to invest. what is the beta of your portfolio if you borrow $2300 and invest all available funds in the risky stock? A) 1.32 B) 1.62 C) 1.02 D) 2.30

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