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Question 23 (4 points) Listen According to the CAPM, the slope of the security market line is also referred to as the: 1) market alpha.

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Question 23 (4 points) Listen According to the CAPM, the slope of the security market line is also referred to as the: 1) market alpha. 2) market risk premium. 3) diversification benefit. 4) systematic risk premium. Question 24 (4 points) Listen An investor holds a portfolio that is equally invested in stock X, stock Y and Treasury bills. The portfolio beta equal to 0.65. If stock X has the same systematic risk as the market portfolio, how much is beta for stock Y? 1) 0.85 O2) 1.30 3) 1.45 O4 4) 1.95

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