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32. You want your portfolio beta to be 1. Currently, your portfolio consists of $20,000 invested in Stock A with a beta of 3.40 and
32. You want your portfolio beta to be 1. Currently, your portfolio consists of $20,000 invested in Stock A with a beta of 3.40 and $60,000 in Stock B with a beta of 0.85. You have another $100,000 to invest and want to divide it between an asset with a beta of 0.90 and a risk-free asset. What dollar amount should you invest in the risk-free asset? (2 points)
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