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Need question 2 please Question 2 1 pts Your portfolio contains 10 stocks which are held in equal amounts. The portfolio beta is 1.55. The

Need question 2 please image text in transcribed
Question 2 1 pts Your portfolio contains 10 stocks which are held in equal amounts. The portfolio beta is 1.55. The beta of one of the ten stocks (let's call it stock A) is 2.12. You wish to lower the portfolio beta to 1.40 by selling all of stock A and replacing it with a new stock. In order to create a new portfolio beta of 1.40, what must be the beta of the new stock? Use two decimal places for your final answer; round if necessary. Question 3 1 pts You manage a $20M mutual fund that has a beta of 1.69 and a 11.42% expected return. The risk free rate is 3.06%. You now receive an additional $5M, which you invest in stocks with an average beta of 0.81 Q @ ve 4 5 6 8 9 E R T U

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