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Assume that you are constructing a portfolio with a target value of $1 million. You currently have $325,000 invested in Tesla and $214,000 invested in

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Assume that you are constructing a portfolio with a target value of $1 million. You currently have $325,000 invested in Tesla and $214,000 invested in Apple. Assume that the betas of Tesla and Apple are 1.25 and 1.15, respectively. You want to create a portfolio that has an overall beta of 1.0 by investing in Altria and the risk-free asset. The beta of Altria is 0.60. How much do you invest in the risk-free asset? O A. -$118,417 OB. $118,417 OC. $232,015 OD. $115,244 E. $100,000

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