Questions 2-3 are based on the information that follows: The required return on the market portfolio -14% and its standard deviation of return=9%. The risk free rate of return is 5%. You have $20 million dollars of your own money. To test your understanding I ask you the following questions before you invest. 3. What is the beta of the market portfolio? It is (a) 1 (b) 0 (c) an undetermined number (d) .0081 (e) a number between 0 and 1