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Use the following information to answer the next two questions: Vivian has $191,000 invested in a stock that has a beta of 0.8 and $388,000
Use the following information to answer the next two questions: Vivian has $191,000 invested in a stock that has a beta of 0.8 and $388,000 invested in a stock with a beta of 1.4. The return on the market is 10 percent, and the risk-free rate of return is 3 percent
-If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
-Use the capital asset pricing model to find the expected return on the portfolio.
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