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(RiskReturn) An investor currently holds the following portfolio: 8,000 shares of Stock A, worth $17,000; Beta = 1.5 15,000 shares of Stock B, worth $48,000;

(RiskReturn) An investor currently holds the following portfolio:

8,000 shares of Stock A, worth $17,000; Beta = 1.5

15,000 shares of Stock B, worth $48,000; Beta = 2

25,000 shares of Stock C, worth $95,000; Beta = 2.1

The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 0.9, to his portfolio.

If the investor wants his portfolio to have a beta of 1.72, he must replace $ Blank 1. Calculate the answer by read surrounding text. 000 stock C with stock D.

Note: Enter the first two digits of your answers. The thousands are already in the answer.

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