Question 14 1 pts You have a $50,000 portfolio consisting of Qantas (QAN), Skin Elements LTD (SKN), and Allegra Orthopaedics LTD (AMT). You put $20,000 in Qantas, $12,000 in Skin Elements LTD and the rest in the Allegra Orthopaedics LTD. Qantas, Skin Elements, and the Allegra Orthopaedics have betas of 2, 1.2 and 0.6 respectively. What is your portfolio beta? Choose the closest O 1.200 O 1.267 O 1.304 01.248 Question 15 1 pts The risk-free rate is 4%. The expected market rate of return is 11%. If you expect stock X with a beta of 8 to offer a rate of return of 10 percent, then you should sell short stock X because it is overpriced O sell short stock X because it is underpriced O buy stock X because it is underpriced buy stock X because it is overpriced