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Question 23 4 pts An investor, who believes the economy is slowing down, wishes to reduce the risk of her portfolio. She currently owns 12

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Question 23 4 pts An investor, who believes the economy is slowing down, wishes to reduce the risk of her portfolio. She currently owns 12 securities, each with a market value of $3,000. The current beta of the portfolio is 1.21 and the beta of the riskiest security is 1.62. What will the portfolio beta be if the riskiest security is replaced with a security of equal market value but a beta of 0.802 105 1.10 1.18 1.14

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