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21. You have a $1,000 portfolio which is invested in stocks A and B plus a risk-free asset. $400 is invested in stock A. Stock

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21. You have a $1,000 portfolio which is invested in stocks A and B plus a risk-free asset. $400 is invested in stock A. Stock A has a beta of 1.3 and stock B has a beta of 0.7. How much needs to be invested in stock B if you want to construct a portfolio with a beta of 0.90 ? (a) $0 (b) $268 (c) $482 (d) $543 (e) $600 (f) $628

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