6) Your friend has invested in a mutual fund which has a beta of 2.3. He has asked you to help him interpret this number. Which of the following interpretations is correct? A Value of his portfolio goes up by 6.9% if value of market portfolio rises by 3%. B Value of his portfolio poes down by 69% if value of market portfolio rises by 3%. C Value of his portfolio goes up by 1% if value of market portfolio rises by 2.3%. DI Value of his portfolio goes up by 23% if value of market portfolio rises by 1%. Value of his portfolio roes down by 23% if value of market portfolio rises by 1%