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Flash Corporation has a beta of 1.7 and an expected return of 22%. The T bill risk free rate is 1.5%. What is the beta

Flash Corporation has a beta of 1.7 and an expected return of 22%. The T bill risk free rate is 1.5%.

  1. What is the beta of a portfolio that is equally invested in Flash Corporation and T-bills?
  2. What is the expected return of a portfolio that is equally invested in Flash Corporation and T-bills?

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