Question 23 (1 point) Your portfolio is comprised of 30 percent of stock X, 50 percent of stock Y, and 20 percent of stock Z. Stock X has a beta of 2.30, stock Y has a beta of 1.47, and stock Z has a beta of 0.42. What is the beta of your portfolio? A) 0.87 OB) 1.51 OC) 1.17 OD) 1.09 E) 1.13 Question 24 (1 point) Securities A and B have betas of 0.9 and 1.5, respectively. Which security should earn higher expected return? OA) Security A OB) Security B Question 25 (1 point) Merck stock has a beta of 1.5. The risk-free rate of return is 4.34 percent and the market rate of return is 7.92 percent. What is the expected rate of return on this stock? A) 13.21 percent : OB) 8.35 percent C) 20.18 percent ; OD 13.73 percent : E) 9.71 percent : Question 26 (1 point) Your father invested a lump sum 33 years ago at 4.25 percent interest. Today, he gave you the proceeds of that investment which totaled $35,000. How much did your father originally invest? A) $11,999.45 B) $13,035.72