CHAPTER 7 UNIT 5 CORPORATE FINANCE 12. Your eccentric Aunt Claudia has left you $50,000 in Alcan shares plus $50,000 cash. Unfortunately her will requires that the Alcan stock not be sold for one year and the $50,000 cash must be entirely invested in one of the stocks shown in Table 7.8. What is the safest attainable portfolio under these restrictions? 13. There are few, if any, real companies with negative betas. But suppose you found one with ___.25. a. How would you expect this stocks rate of return to change if the overall market rose by an extra 5 percent? What if the market fell by an extra 5 percent? b. You have $1 million invested in a well-diversified portfolio of stocks. Now you receive an additional $20,000 bequest. Which of the following actions will yield the safest overall portfolio return? i. Invest $20,000 in Treasury bills (which have _ _ 0). ii. Invest $20,000 in stocks with _ _ 1. iii. Invest $20,000 in the stock with ___.25. Explain your