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20. You hold three stocks in your portfolio: A. B, and C. The portfolio beta is 1.50. Stock A the dollar value of your holdings

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20. You hold three stocks in your portfolio: A. B, and C. The portfolio beta is 1.50. Stock A the dollar value of your holdings and has a beta of 1.0. Ifyou sell all of your comprises 20% of investment in A and invest the proceeds in the risk-free asset, your new portfolio beta will be: a. 0.850 b. 1.025 c. 1.200 d. 1.300 e. 1.625

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