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Please answer the question with a detailed steps and formulas so I can understand it more. ( The Question Is Completed) You want to compile

Please answer the question with a detailed steps and formulas so I can understand it more. ( The Question Is Completed)image text in transcribed

You want to compile a portfolio valued at RM1,000 which will be invested in Stocks A and B plus a risk-free asset. Stock A has a beta of 1.2 and Stock B has a beta of.7. If you invest RM300 in Stock A and want a portfolio beta of.9, how much should you invest in Stock B? (7 marks)

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