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Michael has the following investment portfolio Expected return Investment Value Beta Investment A 15% $200,000 1.2 Investment B 10% $300,000 -0.5 Investment C 8% $200,000

Michael has the following investment portfolio

Expected return

Investment Value

Beta

Investment A

15%

$200,000

1.2

Investment B

10%

$300,000

-0.5

Investment C

8%

$200,000

1.5

Investment D

8%

$300,000

-1.0

Total

$1,000,000

If Michael decided to dispose of one of the investments, which one should be selected?

  1. Investment A
  2. Investment B
  3. Investment C
  4. Investment D

Please provide a brief explanation

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