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Karina has a $ 2 0 , 0 0 0 portfolio, which is invested in Stocks A and B , and a risk - free

Karina has a $20,000 portfolio, which is invested in Stocks A and B, and a risk-free asset. $8,000 is invested in Stock A. Stock A has a beta of 1.75, and Stock B has a beta of 1.10. How much needs to be invested in Stock B if Karina wants a portfolio beta of 1.20?(10%)
A. $10,000.00
B. $9090.91
C. $8000.00
D. $7,500.00
E. $6,818.18
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