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The risk - free rate is 6 % and the market risk premium is 5 % . Your $ 1 million portfolio consists of $

The risk-free rate is 6% and the market risk premium is 5%. Your $1 million portfolio consists of $700,000 invested in a stock that has a beta of 1.2 and $300,000 invested in a stock that has a beta of 0.8. Which of the following statements is correct?
a.
The portfolios required return is 11.4%.
b.
The portfolios required return is 10%.
c.
The portfolios beta is less than 1
d.
The portfolios beta is =(1.2+0.8)/2

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